SECTION 150:140-1-2. 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.
"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.
"Oklahoma Quick Action Closing Fund" means the fund established at the Oklahoma Treasury for the Oklahoma Department of Commerce, for the purposes set forth in 62 O.S. § 48.2.

[Source: Added at 30 Ok Reg 101, eff 11-1-12 (emergency); Added at 30 Ok Reg 481, eff 5-25-13]

                    
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