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§ 4023. Purpose of fees--Payment in lieu of ad valorem taxes

Oklahoma Statutes AnnotatedTitle 63. Public Health and Safety

Oklahoma Statutes Annotated
Title 63. Public Health and Safety (Refs & Annos)
Chapter 70. Oklahoma Vessel and Motor Registration Act (Refs & Annos)
Registration
63 Okl.St.Ann. § 4023
§ 4023. Purpose of fees--Payment in lieu of ad valorem taxes
Currentness
The registration fees herein imposed upon vessels and motors shall be for the purpose of reimbursing and providing funds for general governmental functions of the state, and when paid in full such fees shall be in lieu of all ad valorem taxes, general or local, to which such vessels and motors may be subject as personal property under the laws of this state.

Credits

Laws 1989, c. 346, § 23, eff. Jan. 1, 1990.
63 Okl. St. Ann. § 4023, OK ST T. 63 § 4023
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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