Oklahoma § 68-1902 - Exemption from other taxes
Full text of Oklahoma Oklahoma Statutes § 68-1902 — Exemption from other taxes, with citation guidance and answers to common questions.
§ 68-1902. Exemption from other taxes
All mortgages of real property situated within this state which
are taxed by this article, and the debts and obligations which they
secure, together with the paper writings evincing the same, shall be
exempt from ad valorem and all other taxation by the state,
counties, towns, cities, school districts and other local
subdivisions of the state, except this article shall not affect in
any manner the collection of any income tax payable in whole or in
part from the interest received from such mortgage indebtedness. The
exemption conferred by this exemption shall not be construed to
impair or in any manner affect the purchaser of real estate which
may be sold for nonpayment of taxes levied by any local authority.
Laws 1965, c. 31, § 2.
Frequently Asked Questions About Oklahoma § 68-1902
What does Oklahoma Statutes § 68-1902 cover?
Section 68-1902 ("Exemption from other taxes") 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 § 68-1902?
A common citation format is "Oklahoma Statutes § 68-1902" (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 § 68-1902 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.