Oklahoma § 74-9076 - Authorities and powers
Full text of Oklahoma Oklahoma Statutes § 74-9076 — Authorities and powers, with citation guidance and answers to common questions.
§ 74-9076. Authorities and powers
A. In addition to all other powers expressly conferred upon the
Oklahoma Development Finance Authority pursuant to Section 5062.8 of
Title 74 of the Oklahoma Statues, the Authority is hereby authorized
and empowered to take the following actions:
1. To issue ratepayer-backed bonds as provided in this act;
2. To establish and adjust from time to time the actual cost of
an administrative fee for the costs associated with the Authority
carrying out its power and duties under this act, to include costs
of the Corporation Commission incurred under Section 4 of this act.
The fee shall be included in the calculation of utility customer
payments created by the financing order; and
3. To do all things necessary or convenient to carry out the
powers expressly granted in this act.
B. The Authority shall take the following actions:
1. To notify the Governor, President Pro Tempore of the Senate,
the Speaker of the House of Representatives and the Oklahoma
Corporation Commission upon issuance of a ratepayer-backed bond.
The notification shall be in writing and include the amount and
terms of the bond; and
2. To prepare a report annually regarding the bond activity
related to the provisions of this act, to be submitted to the
Governor, the President Pro Tempore of the Senate, the Speaker of
the House of Representatives, the Attorney General and the Oklahoma
Corporation Commission as of December 1 each year until the debt is
retired.
Added by Laws 2021, c. 204, § 7, emerg. eff. April 23, 2021.
Oklahoma Statutes - Title 74. State Government
Frequently Asked Questions About Oklahoma § 74-9076
What does Oklahoma Statutes § 74-9076 cover?
Section 74-9076 ("Authorities and powers") 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 § 74-9076?
A common citation format is "Oklahoma Statutes § 74-9076" (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 § 74-9076 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.