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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 150. Oklahoma Department of Commerce |
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Chapter 125. The Oklahoma Opportunity Fund |
SECTION 150:125-1-2. Definitions
Latest version.
- In addition to those terms defined elsewhere in this chapter, the following words and terms when used in this subchapter shall have the following meaning unless the context clearly indicates otherwise."Contingency Review Board" means the Governor, the Speaker of the House of Representatives, and the President Pro Tempore of the Senate. The Director of State Finance shall be an ex officio nonvoting member of the Board."Department" means the Oklahoma Department of Commerce established pursuant to 74 O.S. §§ 5001 et seq. and any successor agencies thereto."Director" means the duly appointed and acting Director of the Department or during any period of time that the position of Director is vacant; such term shall refer to the person serving as the acting or interim director."Eligible Applicants" means for profit entities, nonprofit entities and state and local governmental entities."The Oklahoma Opportunity Fund" The fund shall be a continuing fund, not subject to fiscal year limitations and shall consist of:(A) All monies apportioned or allocated to the fund pursuant to law;(B) Any amounts appropriated by the Legislature to the fund;(C) Interest earned on the investment of money in the fund; and(D) Gifts, grants, and other donations received for the fund. [62 O.S. § 48(A)]