Oklahoma § 74-875 - Public trusts qualified to borrow money from Authority

Full text of Oklahoma Oklahoma Statutes § 74-875 — Public trusts qualified to borrow money from Authority, with citation guidance and answers to common questions.

§ 74-875. Public trusts qualified to borrow money from Authority

Public trusts created under the laws of the State of Oklahoma

for the purpose of financing industrial development projects

involving and specifically limited to new manufacturing or

industrial plant facilities, the relocation, refinancing or

expansion of existing manufacturing or industrial plant facilities

shall be qualified to borrow money from The Oklahoma Industrial

Finance Authority as an "Industrial Development Agency" within the

meaning of Article X, Section 33A of the Oklahoma State Constitution

Oklahoma Statutes - Title 74. State Government

and of 74 O.S. 1981, Section 853(d), and said Oklahoma Industrial

Finance Authority is authorized to accept applications for loans and

consider the merits thereof on the same basis as applications of any

other industrial development agency, subject to all other provisions

of law governing the making of such loans.

Amended by Laws 1988, c. 88, § 9, emerg. eff. March 30, 1988.

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

Frequently Asked Questions About Oklahoma § 74-875

What does Oklahoma Statutes § 74-875 cover?

Section 74-875 ("Public trusts qualified to borrow money from Authority") 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 § 74-875?

A common citation format is "Oklahoma Statutes § 74-875" (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 § 74-875 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.