Okla. Stat. tit. 73, § 73-159.1: Payment of funds in advance of bond issuance - Deposit

and use of funds.

In the event a state agency has or receives appropriated or

other funds to be applied to a project subject to a bond issuance,

the agency may pay the funds to the Oklahoma Capitol Improvement

Authority in advance of the bond issuance. The Authority shall

deposit the funds in an interest-bearing account with the Office of

the State Treasurer and use the funds and the interest on the funds

to:

1. Pay other bond expenses of the issuance;

2. Pay for expenses related to the bond project;

3. Reduce the total bond debt service; or

4. Reduce the size of the required issuance.