Okla. Stat. tit. 62, § 62-695.2: Legislative findings and declarations

The Legislature hereby finds and declares that there is a need

to establish procedures for the efficient sale and issuance of bonds

or other obligations by State Governmental Entities which are hereby

declared to be essential to the economic well-being of the state.

The Legislature further declares that there are hereby adopted

procedures, requirements and methods allowing for significant

systematic oversight of State Governmental Entity issuers of bonds

or other obligations. The Legislature further declares such

oversight is essential to protect the public welfare of the State of

Oklahoma.