SECTION 385:40-1-4. Application fees

Latest version.

(a) The application shall be accompanied by a processing fee of $500.00 of which $250.00 may be refunded in the event the guarantee is not approved by the Commissioners or the bonds are not sold.
(b) Any application for guarantee of a bond issue in excess of $2,000,000.00 shall be assessed an additional fee of one (1) basis point (1/100 of 1 percent) on the amount over $2,000,000.00 provided that the additional fee shall not exceed $1,000.00.

[Source: Added at 13 Ok Reg 641, eff 11-29-95 (emergency); Added at 13 Ok Reg 1373, eff 5-13-96]

                    
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