Okla. Stat. tit. 70, § 70-23-101: Purpose of the Television Authority

It is the intent of the Oklahoma Legislature and the purpose of

this article to make educational television services available to

all Oklahoma citizens on a coordinated statewide basis. Said

educational television services shall be provided by and through the

various educational and cultural agencies in the State of Oklahoma

under the direction and supervision of the Oklahoma Educational

Television Authority hereinafter created.

The Oklahoma Educational Television Authority is hereby

authorized and empowered to plan, construct, repair, maintain and

operate educational television facilities with channels assigned by

the Federal Communications Commission to the State of Oklahoma for

educational television purposes. The purpose of said Authority

shall be to provide a statewide educational television system,

including any arrangements for extension thereof and interchanges

and rental as may be necessary in establishing such statewide

facilities.

The Oklahoma Educational Television Authority is hereby

authorized to issue revenue bonds of the Authority payable solely

from dedicated revenues to pay the cost of providing educational

television facilities as authorized in this article. Such revenue

bonds shall never become obligations of the State of Oklahoma, but

shall be retired by the Authority as provided in this article. Such

revenue bonds 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 revenues

dedicated by the Legislature, 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 the interest on, such bonds.