Okla. Stat. tit. 74, § 74-5062.16: Covenant and consent to inclusion of interest on bonds

in gross income.

The Authority may covenant and consent that the interest on

certain of its bonds shall be includable under the Internal Revenue

Code of 1986, as amended, or any subsequent corresponding internal

revenue law of the United States in the gross income of the owners

thereof to the same extent and in the same manner that the interest

on bills, bonds, notes or other obligations of the United States is

includable in the gross income of the owners thereof under said

Internal Revenue Code or any such subsequent law. Nothing contained

herein shall be construed to covenant or consent or to authorize any

covenant or consent to the application of any other provision of any

other laws, federal or state, to the Authority or to its bonds or to

the elimination or modification in any way of any other exemption,

privilege or immunity thereof.