The Oklahoma Capitol Improvement Authority is hereby authorized to issue revenue bonds for the purpose of funding capital projects for the State Department of Corrections in a total amount not to exceed Ten Million Dollars ($10,000,000.00) with debt retirement payments to be made by the Department. The issuance of such bonds shall be subject to the provisions of subsections D, E, F, G and H of Section 301 of Title 73 of the Oklahoma Statutes. Bonds issued pursuant to this section shall not be general obligation bonds and shall not be an indebtedness to the State of Oklahoma.
Added by Laws 1999, c. 374, § 1, emerg. eff. June 8, 1999.