Oklahoma § 74-5063.8 - Deposit of general obligation bond proceeds into Fund

Full text of Oklahoma Oklahoma Statutes § 74-5063.8 — Deposit of general obligation bond proceeds into Fund, with citation guidance and answers to common questions.

§ 74-5063.8. Deposit of general obligation bond proceeds into Fund

The board of directors shall designate for deposit to the Credit

Enhancement Reserve Fund the net proceeds of any general obligation

bonds issued by the Oklahoma Development Finance Authority pursuant

to Section 5063.11 of this title. The board of directors shall by

resolution or other appropriate action designate an issue of bonds

authorized to be issued pursuant to the Oklahoma Development Finance

Oklahoma Statutes - Title 74. State Government

Authority Act, Section 5062.1 et seq. of this title, as having the

security afforded by the act.

Added by Laws 1987, c. 222, § 78, operative July 1, 1987. Amended by

Laws 1989, c. 374, § 10, emerg. eff. June 6, 1989.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 74-5063.8

What does Oklahoma Statutes § 74-5063.8 cover?

Section 74-5063.8 ("Deposit of general obligation bond proceeds into Fund") 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 § 74-5063.8?

A common citation format is "Oklahoma Statutes § 74-5063.8" (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 § 74-5063.8 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.