Oklahoma § 74-874 - Loans deemed to have been made to local industrial

Full text of Oklahoma Oklahoma Statutes § 74-874 — Loans deemed to have been made to local industrial, with citation guidance and answers to common questions.

§ 74-874. Loans deemed to have been made to local industrial

development agency applying - Liberal construction.

When the financing of an industrial development project is

accomplished with the participation and assistance of the Oklahoma

Industrial Finance Authority in the manner set forth in Sections 872

and 873 of this title, all such loans shall be deemed and construed

to have been made to the local industrial development agency

applying therefor, and within the purview of the said Section 33A,

Article X of the Oklahoma Constitution, and Sections 851 et seq. of

Title 74 of the Oklahoma Statutes; and the provisions of this act,

and of actions taken hereunder, shall be liberally construed to

effect the purpose and object hereof.

Amended by Laws 1988, c. 88, § 8, emerg. eff. March 30, 1988.

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

Frequently Asked Questions About Oklahoma § 74-874

What does Oklahoma Statutes § 74-874 cover?

Section 74-874 ("Loans deemed to have been made to local industrial") 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 § 74-874?

A common citation format is "Oklahoma Statutes § 74-874" (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 § 74-874 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.