Okla. Stat. tit. 11, § 11-24-105

Definitions. As used in Section 24-101 et seq. of this title

the following words shall have the following meanings unless the

context clearly indicates otherwise:

A. "Authority" shall mean the Oklahoma Municipal Power

Authority hereby created and any successor or successors thereto.

Any change in name or composition of the Authority shall in no way

affect the vested rights of any person under the provisions of

Section 24-101 et seq. of this title or impair the obligations of

any contracts existing under Section 24-101 et seq. of this title.

B. "Board of Directors" shall mean the Board of Directors

elected by the election committee as set forth in Section 24-104 of

this title which shall exercise all the powers and manage and

control all the affairs and property of the Authority unless

otherwise specifically provided herein or in the bylaws of the

Authority as in effect from time to time.

C. "Bonds" shall mean any revenue bonds, notes or other

evidences of obligations of the Authority issued by the Authority

Oklahoma Statutes - Title 11. Cities and Towns Page 215

under the provisions of the Oklahoma Municipal Power Authority Act

including, without limitation, bond anticipation notes and refunding

bonds.

D. "Eligible public agency" shall mean any municipality,

authority or other public body which owns, maintains or operates an

electrical energy generation, transmission or distribution system

within this state.

E. "Person" shall mean (i) any natural person; (ii) any

eligible public agency as defined herein; (iii) any public trust as

defined herein; (iv) the United States, any state, any municipality,

political subdivision, municipal corporation, unit of local

government, governmental unit or public corporation created by or

pursuant to the laws of the United States or any state, or any

board, corporation or other entity or body declared by the laws of

the United States or any state to be a department, agency or

instrumentality thereof; (v) any corporation, not for profit

corporation, firm, partnership, cooperative association, electric

cooperative or business trust of any nature whatsoever organized and

existing under the laws of the United States or any state; or (vi)

any foreign country, any political subdivision or governmental unit

of any foreign country or any corporation, not for profit

corporation, firm, partnership, cooperative association, electric

cooperative or business trust of any nature whatsoever organized and

existing under the laws of any foreign country or of any political

subdivision or governmental entity thereof.

F. "Project" shall mean any plant, works, system, facilities

and real and personal property of any nature whatsoever, together

with all parts thereof and appurtenances thereto, located within or

without this state, used or useful in the generation, production,

transmission, purchase, sale, exchange or interchange of electrical

energy and in the acquisition, extraction, processing,

transportation or storage or of fuel of any kind for any such

purposes or any interest in, or right to the use, services, output

or capacity, of any such plant, works, system or facilities.

G. "Public trust" shall mean any public trust created and

existing under the provisions of the Trusts for Furtherance of

Public Functions, as provided by Section 176 et seq. of Title 60 of

the Oklahoma Statutes, and the Oklahoma Trust Act, as provided by

Section 175.1 et seq. of Title 60 of the Oklahoma Statutes, which

has as its beneficiary a municipality and which owns, maintains or

operates an electrical energy generation, transmission or

distribution system serving the residents and consumers of such

municipality.