Oklahoma § 68-2938 - Basis of application for federal in lieu payments Installments

Full text of Oklahoma Oklahoma Statutes § 68-2938 — Basis of application for federal in lieu payments Installments, with citation guidance and answers to common questions.

§ 68-2938. Basis of application for federal in lieu payments Installments

In making and presenting the application for such payments to

the United States, the county treasurer shall make application for

payments based upon the estimated cost of the public services

available for the benefit of the property in any such project and

the tenants thereon, after taking into consideration the benefits

which may be derived by the county or political subdivision from the

project within its jurisdiction, but the amount shall not be in

excess of the taxes which would result to the county and political

subdivisions for said period if the real property of the project

within the county were taxable. If, after the application is

presented, the United States provides for the payment to be made in

installments, it shall be the duty of the county treasurer to

present a claim or bill to the United States for each installment as

it falls due.

Added by Laws 1988, c. 162, § 138, eff. Jan. 1, 1992.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 68-2938

What does Oklahoma Statutes § 68-2938 cover?

Section 68-2938 ("Basis of application for federal in lieu payments Installments") 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 § 68-2938?

A common citation format is "Oklahoma Statutes § 68-2938" (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 § 68-2938 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.