Oklahoma § 62-333 - Building funds - Surplus used to reduce tax for sinking
Full text of Oklahoma Oklahoma Statutes § 62-333 — Building funds - Surplus used to reduce tax for sinking, with citation guidance and answers to common questions.
§ 62-333. Building funds - Surplus used to reduce tax for sinking
fund.
When the governing board of any county, city, town or school
district shall determine by proper resolution in writing that a
surplus exists in any building fund created under the provisions of
Oklahoma Statutes - Title 62. Public Finance
Section Ten (10), Article Ten (10), Oklahoma Constitution, not
required for the completion of the purpose for which said taxes were
levied and collected, or where said proposed construction has been
abandoned, said surplus shall be refunded to the taxpayers by the
use thereof by the county excise board to reduce the tax levy for
the sinking fund of the municipality for which the building fund was
created. Provided, that any portion of said building fund surplus
not required to eliminate a sinking fund tax levy for said
municipality shall be refunded to the taxpayers by the use thereof
to reduce the tax levy for the benefit of the general fund for the
same municipality.
Laws 1945, p. 222, § 1.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-333
What does Oklahoma Statutes § 62-333 cover?
Section 62-333 ("Building funds - Surplus used to reduce tax for sinking") 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 § 62-333?
A common citation format is "Oklahoma Statutes § 62-333" (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 § 62-333 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.