SECTION 355:1-1-5. Organization

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The Oklahoma Industrial Finance Authority is a public body corporate and politic governed by a Board of Directors. The Authority is governed by a seven person board. One of these members is the Executive Director of the Oklahoma Department of Commerce who sits on the Board ex officio. The other six voting members of the Board are appointed from the six congressional districts as they existed in 1959. The State Treasurer is an ex officio nonvoting member of the Board of Directors. The day to day management of the OIFA is vested in the President, who is an employee of the Authority and serves at the pleasure of the Board of Directors.

                    
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