Oklahoma § 68-2839 - Statements of capital invested and other necessary
Full text of Oklahoma Oklahoma Statutes § 68-2839 — Statements of capital invested and other necessary, with citation guidance and answers to common questions.
§ 68-2839. Statements of capital invested and other necessary
information - Neglect, failure or refusal to furnish information.
A. It shall be the duty of each taxpayer, upon written request
of the county assessor or the county board of equalization of any
county, to furnish, under oath, a written statement showing the
amount of capital invested in any plant, equipment, stock of
merchandise or material, or any other species of property located in
such county, and any other information which may reasonably be
deemed necessary to enable the county officials to assess the
property of such taxpayer at the fair cash value of such property.
In any case where such written statement is requested, the taxpayer
shall have ten (10) days from receipt of the written request within
which to prepare and furnish such statement under oath.
B. Should any taxpayer neglect, fail or refuse to make a proper
itemization of his property in any county, or neglect, fail or
refuse to furnish any other information required by this section, or
Section 38 of this act, it shall be the duty of the county assessor
or the county board of equalization to ascertain, from the best
information obtainable, the value of the property of such taxpayer,
and as a penalty shall add ten percent (10%) of the value thereof so
ascertained. The penalty shall not be applied until the taxpayer
Oklahoma Statutes - Title 68. Revenue and Taxation
shall have had ten (10) days' notice of the intention to apply the
penalty and an opportunity to be heard.
Added by Laws 1988, c. 162, § 39, eff. Jan. 1, 1992.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 68-2839
What does Oklahoma Statutes § 68-2839 cover?
Section 68-2839 ("Statements of capital invested and other necessary") 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 § 68-2839?
A common citation format is "Oklahoma Statutes § 68-2839" (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 § 68-2839 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.