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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 90. Council of Bond Oversight |
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Chapter 15. Administration of the Oklahoma Private Activity Bond Allocation Act |
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Subchapter 13. Carryforward Applications |
SECTION 90:15-13-2. Preference
Latest version.
- Regardless of the chronological order of carryforward applications, issuers or projects with more than $20 million of outstanding carryforward issuance authority as of the date of application for carryforward, shall not be eligible for a Carryforward confirmation until all other application requests are satisfied. Pursuant to this section, issuers making application with more than $20 million of outstanding carryforward issuance authority as of the date of application shall not be eligible for additional carryforward confirmations until 9:00 a.m. on December 30th of each calendar year or the next to last official business day of the calendar year.