Oklahoma § 74-5085.16 - Effect
Full text of Oklahoma Oklahoma Statutes § 74-5085.16 — Effect, with citation guidance and answers to common questions.
§ 74-5085.16. Effect
None of the provisions of the Oklahoma Capital Formation Act
shall alter, amend, modify, affect, diminish, or impair the
enforceability of, or any obligation or liability of the Oklahoma
Science and Technology Research and Development Board or any entity
which is a subsidiary or affiliate of the Board or any entity which
is controlled either directly or indirectly by the Board under any
contract, agreement, guarantee, or instrument entered into or
delivered by such party with any business entity or bank, financial
institution, or any other entity existing as of June 8, 2012,
including, without limitation, any guarantee extended by the Board
and any assignment of any third-party commitments to purchase, and
proceeds released from the sale of, tax credits, all of which shall
remain in full force and effect.
Added by Laws 2012, c. 361, § 4, emerg. eff. June 8, 2012. Amended
by Laws 2025, c. 155, § 9, eff. Nov. 1, 2025.
Frequently Asked Questions About Oklahoma § 74-5085.16
What does Oklahoma Statutes § 74-5085.16 cover?
Section 74-5085.16 ("Effect") 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 § 74-5085.16?
A common citation format is "Oklahoma Statutes § 74-5085.16" (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 § 74-5085.16 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.