Oklahoma § 74-1226.10 - Exercise of powers

Full text of Oklahoma Oklahoma Statutes § 74-1226.10 — Exercise of powers, with citation guidance and answers to common questions.

§ 74-1226.10. Exercise of powers

The exercise of the powers granted by this act will be in all

respects for the benefit of the people of the state, for the

increase of their education, commerce and prosperity, and as the

operation and maintenance of projects by the Authority will

constitute the performance of essential governmental functions, the

Authority shall not be required to pay any taxes or assessments upon

any project or any property acquired or used by the Authority under

the provisions of this act or upon the income therefrom.

Added by Laws 1994, c. 388, § 12, eff. Sept. 1, 1994.

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

Frequently Asked Questions About Oklahoma § 74-1226.10

What does Oklahoma Statutes § 74-1226.10 cover?

Section 74-1226.10 ("Exercise of powers") 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 § 74-1226.10?

A common citation format is "Oklahoma Statutes § 74-1226.10" (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 § 74-1226.10 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.