Oklahoma § 18-863 - Nonprofit corporations for creating rural water and sewer

§ 18-863. Nonprofit corporations for creating rural water and sewer

districts - Exemption from taxation and assessments.

A corporation organized not for profit pursuant to the

provisions of the Oklahoma General Corporation Act for the purpose

of developing and providing rural water supply and sewage disposal

facilities to serve rural residents shall be exempt from all excise

taxes of whatsoever nature, and shall be exempt from payment of

assessments in any general or special taxing district levied upon

the property of said corporation, whether real, personal or mixed;

such exemption shall include, but not be limited to, franchise

taxes, assessments or fees levied by any county or municipality for

inspections of the facilities of the corporation which were not

requested by the corporation. Said corporations shall have the

right of eminent domain in the same manner and according to the

procedures provided for in Sections 51 through 65 of Title 66 of the

Oklahoma Statutes, provided, that the use of said eminent domain

provisions shall be restricted to the purpose of developing and

providing rural gas distribution, water supply and sewage disposal

facilities. Provided, however, no personal or real property,

easement or right-of-way of any utility may be acquired by eminent

domain.

Added by Laws 1970, c. 328, § 1, emerg. eff. April 28, 1970.

Amended by Laws 1986, c. 53, § 1, eff. Nov. 1, 1986; Laws 1986, c.

292, § 153, eff. Nov. 1, 1986; Laws 1987, c. 124, § 1; Laws 1998, c.

283, § 1, emerg. eff. May 27, 1998.