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§70-3980.3. Definitions.

70 OK Stat § 70-3980.3 (2019) (N/A)
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As used in this act, and unless the context clearly requires otherwise:

1. “Authorized issuer” means:

a.the Oklahoma State Regents for Higher Education acting for the benefit of any institution within The Oklahoma State System of Higher Education other than the University of Oklahoma or Oklahoma State University,

b.the Board of Regents of the University of Oklahoma acting for the benefit of the University of Oklahoma,

c.the Board of Regents for the Oklahoma Agricultural and Mechanical Colleges, acting for the benefit of Oklahoma State University, and

d.the Oklahoma Capitol Improvement Authority;

2. "Bonds" means any bonds, notes, obligations, debentures, interim certificates, grant and revenue anticipation notes, interest in a lease, lease certificates of participation, lease purchase agreements, commercial paper, variable interest rate obligations of any kind, or other evidences of indebtedness, whether or not the interest on which is includable in the gross income of the recipients thereof for federal income tax purposes, issued by an authorized issuer pursuant to this act;

3. “Regents” means either the Oklahoma State Regents for Higher Education, the Board of Regents of the University of Oklahoma or the Board of Regents for the Oklahoma Agricultural and Mechanical Colleges; and

4. “State Regents” means the Oklahoma State Regents for Higher Education.

Added by Laws 2005, c. 2, § 3, emerg. eff. March 31, 2005. Amended by Laws 2005, c. 218, § 2, emerg. eff. May 24, 2005.

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§70-3980.3. Definitions.