Oklahoma § 74-869 - Loans upon leasehold estates - Terms
Full text of Oklahoma Oklahoma Statutes § 74-869 — Loans upon leasehold estates - Terms, with citation guidance and answers to common questions.
§ 74-869. Loans upon leasehold estates - Terms
In addition to the lending powers and authority granted the
Oklahoma Industrial Finance Authority under the provisions of the
Oklahoma Industrial Finance Authority Act, 74 O.S.1961, Section 851
et seq., said authority is hereby further authorized and empowered
to make loans, subject to all other terms and conditions contained
in such act, upon leasehold estates and buildings and facilities
located thereon; provided however, that as a condition thereof the
authority must first find that the remaining term of such leasehold
estate upon which such a loan is applied for shall have a term of
years of at least one and one-half times as long as the term of the
loan applied for.
Laws 1963, p. 751, H.J.R. No. 514, § 1, emerg. eff. March 11, 1963.
Oklahoma Statutes - Title 74. State Government
Frequently Asked Questions About Oklahoma § 74-869
What does Oklahoma Statutes § 74-869 cover?
Section 74-869 ("Loans upon leasehold estates - Terms") 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 § 74-869?
A common citation format is "Oklahoma Statutes § 74-869" (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 § 74-869 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.