2016 Oklahoma Statutes
Title 74. State Government
§74-5063.4f. Reserve fund.
The Oklahoma Development Finance Authority may grant credit enhancement to the funding of reserve fund backed loan guarantee programs in accordance with criteria and standards established by the Authority pursuant to rules. Private financial institutions to which credit enhancements have been granted on behalf of loans made to borrowers may be required to partially secure a reserve fund.
Added by Laws 1990, c. 342, § 14, emerg. eff. May 30, 1990.
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