Oklahoma § 74-5103 Pooling issuer - Authority.

Oklahoma Statutes

§ 74-5103 — Pooling issuer - Authority.

Oklahoma·Title 74 State Government

A pooling issuer is authorized to: 1. Issue a debt obligation which pools issuances of other public entities authorized by a municipality, town or county to issue tax apportionment or tax increment bonds, notes, or other forms of obligations pursuant to the Local Development Act; and 2. Attract private investment into the pooled issuance by either the direct investment of funds or by providing a guarantee for debt service for the purpose of implementing the Local Development Financing Act.

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A pooling issuer is authorized to: 1. Issue a debt obligation which pools issuances of other public entities authorized by a municipality, town or county to issue tax apportionment or tax increment bonds, notes, or other forms of obligations pursuant to the Local Development Act; and 2. Attract private investment into the pooled issuance by either the direct investment of funds or by providing a guarantee for debt service for the purpose of implementing the Local Development Financing Act.

Oklahoma § 74-5103 (Pooling issuer - Authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.