Oklahoma Administrative Code
Title 200 - Oklahoma Development Finance Authority
Chapter 10 - Administration of Credit Enhancement Reserve Fund
Subchapter 11 - General Approval Standards and Criteria
Section 200:10-11-3 - Criteria applicability; review on individual merits

The general criteria set forth in 200:10-11-2 are intended to constitute general guidelines and standards for application review and consideration by the Board. The criteria will not be deemed appropriate for strict application and interpretation nor will the criteria be deemed exclusive. In all instances, each individual application must be reviewed and considered on its own individual merits. Accordingly, the criteria and standards set forth in 200:10-11-2 will be interpreted and applied to allow sufficient flexibility in the ultimate exercise of the Board's judgement and discretion. No formal finding or decision by the Board, written or oral, is required with respect to its consideration of the criteria iterated in Section 200:10-11-2.