Oklahoma § 62-194 - State Land Reimbursement Fund - Payment - Apportionment by
Full text of Oklahoma Oklahoma Statutes § 62-194 — State Land Reimbursement Fund - Payment - Apportionment by, with citation guidance and answers to common questions.
§ 62-194. State Land Reimbursement Fund - Payment - Apportionment by
county treasurer.
A. There is hereby created in the State Treasury a revolving
fund for the Office of the State Treasurer to be designated the
"State Land Reimbursement Fund". The fund shall be a continuing
fund, not subject to fiscal year limitations. Monies apportioned to
the fund shall be expended as payments to any county of this state
which has state-owned land within the county, that if the land were
in private ownership would be classified as agricultural land and on
which no state agency is making an in lieu of ad valorem payment.
Provided, no land shall be eligible for reimbursement under the
provisions of this section which receives reimbursement for in lieu
of tax payments under the provisions of Section 4-132 of Title 29 of
the Oklahoma Statutes.
B. Each county shall receive a portion of the fund equal to the
percentage of the eligible state-owned land in each county as
determined from reports compiled by the county assessor of each
county listing the location and number of acres of such property in
each county. The reports shall be filed with the Office of the
State Treasurer on or before December 31 of each year. Payments
from the fund shall be made by the State Treasurer to the county
treasurers not later than February 1 of each year. The county
treasurer shall apportion the monies in the manner ad valorem taxes
are apportioned in the county.
Added by Laws 1988, c. 82, § 1, operative July 1, 1988. Amended by
Laws 1993, c. 260, § 27, operative July 1, 1993; Laws 2007, c. 323,
§ 2, eff. July 1, 2007; Laws 2009, c. 433, § 10, eff. Nov. 1, 2009.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-194
What does Oklahoma Statutes § 62-194 cover?
Section 62-194 ("State Land Reimbursement Fund - Payment - Apportionment by") 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 § 62-194?
A common citation format is "Oklahoma Statutes § 62-194" (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 § 62-194 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.