Okla. Stat. tit. 70, § 70-4002.1: Legislative approval of bond issue

Legislative approval expressed by concurrent resolution, except

as provided by Section 121, Chapter 189, O.S.L. 1993, shall be

required prior to commencing any action in anticipation of issuance

by a Board of Regents of revenue bonds authorized by Section 4002 of

Title 70 of the Oklahoma Statutes or any other bonds authorized by

law to be issued by such Boards. The provisions of this section

shall not apply to revenue bonds issued for the purpose of

refundings or defeasance of existing revenue bonds.