Oklahoma § 74-2903.5 - Program exemptions
Full text of Oklahoma Oklahoma Statutes § 74-2903.5 — Program exemptions, with citation guidance and answers to common questions.
§ 74-2903.5. Program exemptions
A. For the Oklahoma Housing Finance Agency's programs, the
Oklahoma Homebuilder Program, funded by the Homebuilder Revolving
Fund, and the Oklahoma Increased Housing Program, funded by the
Oklahoma Increased Housing Revolving Fund, the Oklahoma Housing
Finance Agency (OHFA) shall be exempt from the Oklahoma State
Finance Act, the Oklahoma Central Purchasing Act, and the Public
Competitive Bidding Act of 1974. OHFA shall be subject to all
financial regulations and reports currently required of OHFA,
including all audits it is required to perform.
B. All funds in the Homebuilder Revolving Fund and in the
Oklahoma Increased Housing Fund shall be exempt from any present or
future claims by bondholders or other debt holders of OHFA related
to any claim against OHFA for other housing programs administered by
OHFA.
Added by Laws 2023, 1st Ex. Sess., c. 22, § 6, eff. July 1, 2023.
Frequently Asked Questions About Oklahoma § 74-2903.5
What does Oklahoma Statutes § 74-2903.5 cover?
Section 74-2903.5 ("Program exemptions") 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 § 74-2903.5?
A common citation format is "Oklahoma Statutes § 74-2903.5" (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 § 74-2903.5 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.