Oklahoma § 68-2385.23 - Employer's surety bond
Full text of Oklahoma Oklahoma Statutes § 68-2385.23 — Employer's surety bond, with citation guidance and answers to common questions.
§ 68-2385.23. Employer's surety bond
A. The Oklahoma Tax Commission may require every employer who
is delinquent or becomes delinquent in the withholding and remitting
of taxes as required by the provisions of Sections 2385.1 through
2385.22 of Title 68 of the Oklahoma Statutes to furnish to the Tax
Commission a bond from a surety company chartered or authorized to
do business in this state, cash bond, certificates of deposits,
certificates of savings or U.S. Treasury bonds, or an assignment of
negotiable stocks or bonds, as the Tax Commission may deem necessary
to secure the withholding and remitting of taxes levied pursuant to
the Oklahoma Income Tax Act.
B. Any surety bond furnished pursuant to this section shall be
a continuing instrument and shall constitute a new and separate
obligation in the sum stated therein for each calendar year or a
portion thereof while such bond is in force. Such bond shall remain
in effect until the surety or sureties are released and discharged
by the Tax Commission.
C. The Tax Commission shall fix the amount of such bond or
other security required in each case after considering the estimated
tax liability of such employer. Such bond shall not be greater than
an amount equal to three times the amount of the average quarterly
tax liability of such employer. Any bond or security shall be such
as will protect this state against failure of an employer to
withhold and remit the taxes levied pursuant to the Oklahoma Income
Tax Act.
Added by Laws 1986, c. 218, § 29, emerg. eff. June 9, 1986.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 68-2385.23
What does Oklahoma Statutes § 68-2385.23 cover?
Section 68-2385.23 ("Employer's surety bond") 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 § 68-2385.23?
A common citation format is "Oklahoma Statutes § 68-2385.23" (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 § 68-2385.23 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.