Oklahoma § 74-5062.32 - Definitions
Full text of Oklahoma Oklahoma Statutes § 74-5062.32 — Definitions, with citation guidance and answers to common questions.
§ 74-5062.32. Definitions
As used in the Military Base Protection and Expansion Incentive
Act:
1. “Authority” means the Oklahoma Development Finance
Authority;
2. “Capital project” means the acquisition, construction,
expansion, replacement, or renovation of a municipal, county or
school district facility, including real property, buildings, and
other fixed assets. Capital project shall not include furnishings
or equipment that is not a fixed asset; and
3. “Qualified issuer” means a municipality, county, school
district, or public trust of which a municipality, county or school
district is the beneficiary that:
a.
is located in or adjacent to a county that is home to
a military installation receiving military or mission
expansion from the 2005 Base Realignment and Closure
Commission (BRAC) recommendations, and
b.
encompasses all or part of a school district that is
entitled to receive federal impact aid dollars or
federal payment in lieu of tax dollars for the most
recently completed school year.
Added by Laws 2007, c. 349, § 4, emerg. eff. June 4, 2007. Amended
by Laws 2008, c. 217, § 8, emerg. eff. May 20, 2008.
Frequently Asked Questions About Oklahoma § 74-5062.32
What does Oklahoma Statutes § 74-5062.32 cover?
Section 74-5062.32 ("Definitions") 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 § 74-5062.32?
A common citation format is "Oklahoma Statutes § 74-5062.32" (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 § 74-5062.32 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.