SECTION 252:221-7-3. Borrower eligibility  


Latest version.
  • (a)   An owner/operator (o/o) who was the generator or transporter of contamination at the site is not eligible for a RLF loan/grant for that same site.
    (b)   An owner who does not qualify as an innocent landowner, contiguous property owner, or bona fide prospective purchaser is not eligible for an RLF loan.
    (c)   A government entity may borrow RLF funds to clean up property acquried through eminent domain.
[Source: Added at 28 Ok Reg 89, eff 9-17-10 (emergency); Added at 28 Ok Reg 649, eff 7-1-11]