Board Recommends Merging Departments

By Robinson, Robin | THE JOURNAL RECORD, January 25, 1990 | Go to article overview
Save to active project

Board Recommends Merging Departments


development advisory board, agreed Wednesday to recommend the consolidation of the credit analysis departments of several state lending agencies.

The group was set up to provide economic development recommendations to the Oklahoma Legislature.

Rep. Don McCorkell and Sen. Ted Fisher told the other members of Oklahoma Futures that they were co-authoring legislation to combine credit analyses done by the Oklahoma Industrial Finance Authority, the Oklahoma Development Finance Authority, the Oklahoma Capital Investment Board and the Capital Resources Division of the Oklahoma Department of Commerce.

Consolidation would simplify the application process for companies seeking loans from the agencies and could improve the quality of the credit analysis, McCorkell said. The proposal was supported by Stanley Provus, the state's bond adviser, who said consolidation would provide the economies of scale necessary for good credit analysis. That can't be done with two loan officers, he said, the agencies need a greater number of loan officers and a legal staff to assist them.

The legislation being drafted would merge the agencies' credit analysis departments into a single staff whose services would be sold by contract to the agencies. The agencies would remain autonomous.

Reiterating her plans from the Dec. 21 meeting of Oklahoma Futures, Interim President Dr.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Cite this article

Cited article

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Board Recommends Merging Departments


Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?