Oklahoma § 74-868 - Payment of administrative expenses

Full text of Oklahoma Oklahoma Statutes § 74-868 — Payment of administrative expenses, with citation guidance and answers to common questions.

§ 74-868. Payment of administrative expenses

The Oklahoma Industrial Finance Authority is hereby authorized

and directed to pay costs of administering the state's industrial

loan program, as provided in House Bill No. 794, O.S.L. 1959, out of

interest income received by said Authority from its loans, not

otherwise required for payment of interest and principal on the

Authority's outstanding bonds, such administrative costs to be paid

from the Industrial Development Loan Fund, in the manner provided by

law.

Amended by Laws 1986, c. 207, § 69, operative July 1, 1986; Laws

1988, c. 88, § 7, emerg. eff. March 30, 1988.

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

Frequently Asked Questions About Oklahoma § 74-868

What does Oklahoma Statutes § 74-868 cover?

Section 74-868 ("Payment of administrative expenses") 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 § 74-868?

A common citation format is "Oklahoma Statutes § 74-868" (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 § 74-868 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.