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§ 178.5. Ad valorem taxation

Oklahoma Statutes AnnotatedTitle 60. Property

Oklahoma Statutes Annotated
Title 60. Property (Refs & Annos)
Chapter 4. Uses and Trusts
Trusts for Furtherance of Public Functions (Refs & Annos)
60 Okl.St.Ann. § 178.5
§ 178.5. Ad valorem taxation
Currentness
Those assets of any trust, now being used or engaged in any activity or function prohibited by Sections 9, 101 and 11 of this act,2 and which would be subject to ad valorem taxation if not held by public trust, shall be subject to ad valorem assessment and taxation, and no trust created hereafter shall circumvent the prohibition herein.

Credits

Laws 1976, c. 222, § 12, eff. Dec. 1, 1976.

Footnotes

1
Title 62, §§ 652, 653.
2
Title 60, § 178.4.
60 Okl. St. Ann. § 178.5, OK ST T. 60 § 178.5
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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