Oklahoma § 52-288.9

§ 52-288.9.

1993.

Repealed by Laws 1993, c. 184, § 11, emerg. eff. May 17,

§52-288.9A. Refunds.

A. Any person subject to the assessment levied by Section

288.8A of this title may request a refund as provided in this

section of the assessment paid on production for the preceding

calendar year. Upon compliance with the provisions of this section

and rules promulgated by the Board to implement this section, the

Board shall refund to each person requesting a refund of the amount

of the assessment paid by or on behalf of such person during the

preceding calendar year. Refunds will include interest earned at

Oklahoma Statutes - Title 52. Oil and Gas

the rate equal to the average United States Treasury bill rate of

the preceding calendar year as certified by the State Treasurer.

B. The request for a refund of the assessment paid on

production for the preceding calendar year must be made during the

first three (3) calendar months following the calendar year for

which the refund is requested. Failure to request a refund during

this period shall terminate the right of any person to receive a

refund for the assessment paid on production for the preceding

calendar year. The Board shall give notice of the availability of

the refund through press releases, paid advertisements placed in the

newspaper with the largest general circulation in each county in the

state and such other means as it deems appropriate.

C. Each person requesting a refund shall execute an affidavit

showing the amount of refund requested, and the affiant was the

owner of the production for which the refund is requested. Each

person requesting a refund shall submit supporting evidence

demonstrating the gross revenues, net to the person's revenue

interest, received for oil, natural gas, casinghead gas or

condensate in Oklahoma. The Board may verify, principally through

the use of audits, the accuracy of the request for refund. In

verifying the accuracy of a request for refund, the Board shall

exercise its authority in a manner that will reduce, to the extent

practicable and appropriate, the burden on persons providing the

information to the Board.

D. No company or person who requests a refund under this

section shall be eligible to serve or have a representative serve as

a member of the Board.

Added by Laws 1993, c. 184, § 9, eff. Oct. 1, 1993. Amended by Laws

1996, c. 352, § 6.