Oklahoma § 62-448 - Tax for sinking fund - Cancellation when no deficit in
Full text of Oklahoma Oklahoma Statutes § 62-448 — Tax for sinking fund - Cancellation when no deficit in, with citation guidance and answers to common questions.
§ 62-448. Tax for sinking fund - Cancellation when no deficit in
fund.
If now or hereafter in any county, city, town, township, school
district or other municipal subdivision of the State of Oklahoma,
there exists no deficit in the sinking fund thereof, the governing
body of such municipality may by proper resolution recite such facts
and cancel all taxes thereof which are unpaid and which were levied
for the sinking fund of such municipality, for all fiscal years
previous to the one in which such resolution is passed. Such
resolution need be only in general terms reciting the rate of levy
and the year or years for which the same was levied and shall
thereupon be applicable to all taxes levied for that purpose for
that year or years which are unpaid.
Laws 1935, p. 337, § 1.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-448
What does Oklahoma Statutes § 62-448 cover?
Section 62-448 ("Tax for sinking fund - Cancellation when no deficit in") 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 § 62-448?
A common citation format is "Oklahoma Statutes § 62-448" (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 § 62-448 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.