Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 200. Oklahoma Development Finance Authority |
Chapter 20. Administration of ODFA-Financed Projects |
Subchapter 7. Terms and Conditions of Assistance and Disbursements |
SECTION 200:20-7-2. Loan interest and repayment
Latest version.
- The Authority loan repayment interest rate to be paid by applicant to the Authority if any, shall be as determined by the Authority and approved by the applicant and shall be payable by applicant under such terms and conditions as the Authority may require. The Authority may, in its judgment and discretion, provide for the term, condition, manner, form and schedule of applicant's repayment to the Authority of principal and interest.