Okla. Stat. tit. 70, § 70-23-114: Monies received are trust funds

All monies received pursuant to the authority of this article,

whether as proceeds from the sale of bonds or other revenues, shall

be deemed to be trust funds, to be held and applied solely as

provided in this article. The resolution authorizing the bonds of

any issue or the trust agreement securing such bonds shall provide

that any officer to whom, or any bank or trust company to which,

such monies shall be paid shall act as trustee of such monies and

shall hold and apply the same for the purposes hereof, subject to

such regulations as this article and such resolution or trust

agreement may provide.