Oklahoma § 74-5060.45 - Oklahoma Accelerator Program — Oklahoma Accelerator
Full text of Oklahoma Oklahoma Statutes § 74-5060.45 — Oklahoma Accelerator Program — Oklahoma Accelerator, with citation guidance and answers to common questions.
§ 74-5060.45. Oklahoma Accelerator Program — Oklahoma Accelerator
Revolving Fund.
A. There is hereby established the Oklahoma Accelerator Program
at the Oklahoma Center for the Advancement of Science and
Technology, to be administered by the Center as a continuation of
the accelerator program previously administered by the Oklahoma
Department of Commerce. The program shall utilize appropriated
funding to leverage private capital for the purpose of stimulating
growth of early-stage startup companies throughout the state by
connecting such companies with the global entrepreneurial ecosystems
required to enhance business talent and investment opportunities.
B. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Center for the Advancement of Science and
Technology to be designated the "Oklahoma Accelerator Revolving
Fund". The fund shall be a continuing fund, not subject to fiscal
year limitations. The fund shall consist of all monies authorized
by law for deposit in such fund including, but not limited to,
gifts, grants, private donations, private equity contributions, and
fee revenues and funds by government entities authorized to provide
funding for the purposes authorized for the use of the fund. All
monies accruing to the credit of said fund are hereby appropriated
and may be budgeted and expended by the Oklahoma Center for the
Advancement of Science and Technology for purposes authorized by law
to implement the Oklahoma Accelerator Program. Expenditures from
said fund shall be made upon warrants issued by the State Treasurer
against claims filed as prescribed by law with the Director of the
Office of Management and Enterprise Services for approval and
payment.
Added by Laws 2023, 1st Ex. Sess., c. 21, § 1, eff. July 1, 2023.
Frequently Asked Questions About Oklahoma § 74-5060.45
What does Oklahoma Statutes § 74-5060.45 cover?
Section 74-5060.45 ("Oklahoma Accelerator Program — Oklahoma Accelerator") 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 § 74-5060.45?
A common citation format is "Oklahoma Statutes § 74-5060.45" (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 § 74-5060.45 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.