Oklahoma § 60-178.5 - Ad valorem taxation
Full text of Oklahoma Oklahoma Statutes § 60-178.5 — Ad valorem taxation, with citation guidance and answers to common questions.
§ 60-178.5. Ad valorem taxation
Those assets of any trust, now being used or engaged in any
activity or function prohibited by Sections 9, 10 and 11 of this
act, 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.
Laws 1976, c. 222, § 12, eff. Dec. 1, 1976.
Frequently Asked Questions About Oklahoma § 60-178.5
What does Oklahoma Statutes § 60-178.5 cover?
Section 60-178.5 ("Ad valorem taxation") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 60-178.5?
A common citation format is "Oklahoma Statutes § 60-178.5" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 60-178.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.