Okla. Stat. tit. 63, § 63-3278: Agreements and contracts — Authority — Purpose

A. The Oklahoma State University Medical Authority shall have

the authority to:

1. Enter into agreements and cooperative ventures with other

health care providers to share services or to provide a benefit to

the hospitals;

2. Make and enter into all contracts and agreements necessary

or incidental to the performance of its duties and execution of its

powers pursuant to the Oklahoma State University Medical Authority

Act;

3. Join or sponsor organizations or associations intended to

benefit the hospitals;

4. Have members of its governing body or its officers or

administrators serve without pay as directors or officers of any

organization, association, or cooperative ventures authorized

pursuant to the Oklahoma State University Medical Authority Act; and

5. Offer, directly or indirectly, products and services of the

hospitals, any cooperative venture, or organization to the general

public.

B. All agreements and obligations undertaken, as permitted

under this section, by the Oklahoma State University Medical

Authority shall be for a public purpose. In addition to any other

limitations, conditions or restrictions provided by law, the

following conditions shall apply to contractual agreements entered

into pursuant to this section:

1. Private and public funds shall be accounted for separately;

and

2. The state shall not assume any liability for private

entities.