Oklahoma Administrative Code
Title 200 - Oklahoma Development Finance Authority
Chapter 1 - Administrative Operations
Section 200:1-1-2 - Definitions

Universal Citation: OK Admin Code 200:1-1-2
Current through Vol. 41, No. 13, March 15, 2024

The following words and terms, when used in this Chapter, shall have the following meaning, unless the context clearly indicates otherwise:

"Act" means the Credit Enhancement Reserve Fund Act. [74:5063.2.1.]

"Administrator" means the directors, officers and employees of The Oklahoma Development Finance Authority, as Administrator of the Fund.

"Authority" means the Oklahoma Development Finance Authority. [74:5062.5.1]

"Board" means the Board of Directors of the ODFA.

"Board of Directors" means and includes the board of directors of the Authority created by this act (the Oklahoma Development Finance Authority Act). [74:5062.5.3]

"Director" or "Directors" means an individual member or members of the Board of Directors of the ODFA.

"Financing Assistance" or "financial assistance" means the making of, entering into or providing for guarantees, leases, insurance, financing credits, loans, letters of credit, financing assistance payments, grants or other financial aid. [74:5062.5.10]

"Fund" means the Credit Enhancement Reserve Fund. [74:5063.2.3]

"ODFA" means The Oklahoma Development Finance Authority existing and operating under Title 74, Sections 5062.1 to . 22, as the successor to The Oklahoma Development Authority, a public trust organized under Title 60, Sections 176 et.seq. and a Declaration of Trust, as amended.

"ODFA Act" means the Oklahoma Development Finance Authority Act codified at Title 74, Sections 5062.1 to .22.

"Quality Jobs Investment Program" means the Quality Jobs Investment Program codified at Title 74, Sections 5062.8A-G, which provides legislative authorization for the ODFA to use the resources of the CERF to attract investment capital into Oklahoma.

"State" means the State of Oklahoma or any office, department, agency, authority, commission, board, institution, hospital, college, university, public trust where the state is the beneficiary, or other instrumentality thereof. [74:5062.5.19]

Amended at 12 Ok Reg 2173, eff 7-14-95

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