Oklahoma § 62-891.2 - Purpose of act
Full text of Oklahoma Oklahoma Statutes § 62-891.2 — Purpose of act, with citation guidance and answers to common questions.
§ 62-891.2. Purpose of act
The Legislature finds investments for the purpose of economic
development of the State of Oklahoma, including but not limited to
authorized economic development projects for the purpose of
attracting private investment and job creation, public
infrastructure to aid development such as roads, bridges, water
treatment, water storage and water delivery facilities, surface
water management assets, sanitary sewer facilities and related
assets, and other assets owned or maintained by the counties, cities
and towns of the state are essential to a safe and productive
environment for the residents of the state and visitors to the
state. The Legislature further finds that existing fiscal resources
at the local government level are not always sufficient to maintain
the highest possible standards of safety or quality and that it is
an essential function of state government to ensure that critical
infrastructure is constructed, maintained and repaired in conformity
with such highest possible standards. The Legislature finds that
encouraging local governments to cooperate to develop regional
infrastructure and economic development projects will most
economically and efficiently serve the needs of the state’s
citizens. The Legislature finds that the methods of public finance
provided for in the Oklahoma Community Economic Development Pooled
Finance Act are in furtherance of an essential public and state
governmental function.
Added by Laws 2009, c. 309, § 2, eff. July 1, 2009.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-891.2
What does Oklahoma Statutes § 62-891.2 cover?
Section 62-891.2 ("Purpose of act") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 62-891.2?
A common citation format is "Oklahoma Statutes § 62-891.2" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 62-891.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.