SECTION 785:50-1-3. Program authority and description

(a)   The rules in this Chapter have been promulgated and adopted pursuant to and as authorized by 82 O.S. 1981, §1085.2, 75 O.S. 1981, §302, 82 O.S. 1981, §§1085.31 through 1085.49, §§1085.51 through 1085.65 as amended, 82 O.S. Supp. l994, §§1085.71 through 1085.84, and as otherwise authorized under the laws of the State of Oklahoma.

(b)   There are four major sources of financial assistance described as follows:

(1)   The Water and Sewer program created under Sections 1085.31 through 1085.49 of Title 82 of the Oklahoma Statutes. That program consists of the following:

(A)   Loans made pursuant to 82 O.S. Section 1085.36.

(B)   Grants from the Grant Account of the Water Resources Fund pursuant to 82 O.S. Section 1085.39.

(2)   The Clean Water SRF loan program created under Sections 1085.51 through 1085.65 of Title 82 of the Oklahoma Statutes.

(3)   The Drinking Water SRF Loan program created under Sections 1085.71 through 1085.84 of Title 82 of the Oklahoma Statutes.

(4)   The Rural Economic Action Plan ("REAP") grant program created under Sections 2003 and following of Title 62 of the Oklahoma Statutes.

[Source: Amended at 12 Ok Reg 2715, eff 7-1-95; Amended at 13 Ok Reg 3733, eff 7-18-96 (emergency); Amended at 14 Ok Reg 2788, eff 7-1-97; Amended at 15 Ok Reg 2881, eff 7-1-98]