Oklahoma Administrative Code, Title 355

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Chapter 1 Administrative Operations

Subchapter 1 General Provisions

Okla. Admin. Code § 355:1-1-1 Purpose

The rules of this Chapter have been adopted for the purpose of complying with the provisions of the Oklahoma Industry Finance Authority Act (74 O.S. §§ 851, et seq.) and the Administrative Procedures Act (75 O.S. §§ 250 et seq.). The rules of this chapter provide necessary hearing procedures on loan applications. Such rules also further define certain statutory terms.

Okla. Admin. Code § 355:1-1-3 Statutory citations

Citations to statutes in this chapter refer to the most recent codification of the statute.

Okla. Admin. Code § 355:1-1-4 Mission

The Oklahoma Industrial Finance Authority is a constitutional authority established for the public good with the responsibility of aiding and assisting Oklahoma's industrial development and thereby provide additional employment. In establishing the OIFA the constitution and enabling legislation outlined specific parameters within which the OIFA was to operate.