eLaws | eCases | Oklahoma Administrative Code | Oklahoma Courts | Counties & Cities of Oklahoma | United States Code |
 Oklahoma Statutes (Last Updated: September 18, 2014)
 Title 74. STATE GOVERNMENT

  § 74-85.47a. Definitions.  

Latest version.

  • 1.  "Administrator" means the Small Business Surety Bond Guaranty Program Administrator;

    2.  "Fund" means the Small Business Surety Bond Guaranty Fund;

    3.  "Indemnity fund" means a fund established through the Office of Management and Enterprise Services to underwrite the Small Business Surety Bond Guaranty Program;

    4.  "Principal" means a small business entity as defined pursuant to Section 3 of the Small Business Act, 16 U.S.C. Section 632;

    5.  "Program" means the Small Business Surety Bond Guaranty Program; and

    6.  "Surety" means a corporation granted authority by the Insurance Commissioner to write bonds or insurance in this state guaranteeing the performance of contracts.

Added by Laws 1990, c. 236, § 2, eff. July 1, 1991.  Amended by Laws 2012, c. 304, § 768.