Okla. Stat. tit. 2, § 2-4012: Revenue bonds not to be considered debt of the state

Revenue bonds of the Oklahoma State University Veterinary

Medicine Authority issued pursuant to the provisions of the Oklahoma

State University Veterinary Medicine Authority shall not constitute

a debt of the state or of any political subdivision thereof, or a

pledge of the full faith and credit of the state, or of any

political subdivision thereof, but such bonds shall be payable

solely from the funds provided therefor. The forms of the bonds so

issued shall contain on the face thereof a statement to the effect

that neither the state nor the Authority shall be obligated to pay

the same or the interest thereon except from the revenues of the

Authority pledged to the payment of such bonds and that neither the

faith and credit nor the taxing power of the state or any political

subdivision thereof is pledged, or may hereafter be pledged, to the

payment of the principal of or interest on such bonds. The bonds so

issued shall be exempt from taxation by the State of Oklahoma and

any political subdivision thereof, including the income therefrom,

and any gain from the sale thereof.