Oklahoma Administrative Code
Title 355 - Oklahoma Industrial Finance Authority
Chapter 10 - Industrial Development Lending
Subchapter 5 - Loan Application and Industrial Project Evaluation Criteria
Section 355:10-5-7 - Interest rate
Universal Citation: OK Admin Code 355:10-5-7
Current through Vol. 42, No. 1, September 16, 2024
(a) The rate of interest to be charged on loans made by the Authority shall be determined by it after the interest rate payable upon its bonds shall become known, and with due regard for the necessity of creating reserves for legitimate purposes as the same shall appear to the Authority in the prudent operation of its affairs.
(b) Repayment of loans shall be in accordance with provisions agreed upon and incorporated in the terms of each loan made by the Authority.
Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
