Oklahoma Administrative Code
Title 145 - Oklahoma Department of Emergency Management
Chapter 10 - Gubernatorial Declarations for Disaster Assistance
Subchapter 11 - Advanced Financial Liquidity for Local Economies Impacted by Federally Declared Disasters
Section 145:10-11-1 - Purpose, authority and applicability
Current through Vol. 42, No. 1, September 16, 2024
(a) Purpose. The Purpose of this Subchapter is to implement procedures for the Oklahoma Department of Emergency Management's (OEM) advancement of funding through the "State Assistance Dedicated for Disaster-impacted Local Economies Revolving Fund" to State governmental subdivisions with funding gaps stemming from Federal Emergency Management Agency (FEMA) declared major disasters or emergencies.
(b) Authority. This Subchapter is adopted pursuant to Section 690.10 of Title 63 of the Oklahoma Statutes.
(c) Applicability. The rules in this Subchapter apply to any eligible applicant within the State of Oklahoma seeking to use advanced financial liquidity upon the declaration of a federal emergency or disaster.