SECTION 330:30-14-1. Borrower's requirements

Latest version.

(a)   Procedures for sale, Transfer or assumptions will be established in the AP, including the necessary documentation.
(b)   The Borrower and its Affiliates and Controlling parties must covenant and agree not to sell, Transfer, or otherwise dispose of the Development, or any material portion of the Development, or any portion of their Ownership or Controlling interest in the Development without first obtaining the prior written consent of OHFA.
(c)   OHFA's criteria for approval or denial of a proposed sale or Transfer shall be at the discretion of the Trustees, based upon the facts and circumstances presented by the Borrower and prospective buyer.

[Source: Added at 10 Ok Reg 739, eff 1-4-93 (emergency); Added at 10 Ok Reg 2009, eff 5-27-93; Amended at 20 Ok Reg 2411, eff 7-11-03; Amended at 30 Ok Reg 1973, eff 7-31-13; Amended at 33 Ok Reg 1549, eff 10-1-16]

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');