Oklahoma § 82-1274 - Exemption from taxes and assessments
Full text of Oklahoma Oklahoma Statutes § 82-1274 — Exemption from taxes and assessments, with citation guidance and answers to common questions.
§ 82-1274. Exemption from taxes and assessments
Districts formed hereunder shall be exempt from all excise taxes
of whatsoever kind or nature, and further, shall be exempt from
payment of assessments in any general or special taxing district
levied upon the property of the district, whether real, personal or
mixed. Any and all obligations, securities and evidences of
indebtedness issued by a district formed pursuant to this act shall
be exempt from all inheritance or death taxes, and the income
interest and capital gains thereon shall not be subject to the
income tax laws of this state. Persons owning or holding the
obligations, securities and evidences of indebtedness or their
heirs, devisees, successors or assigns shall not be required to pay
to the State of Oklahoma income tax upon the profits and capital
gains upon the obligations, securities and evidences of
indebtedness.
Added by Laws 1972, c. 249, § 9. Amended by Laws 1985, c. 353, § 5,
eff. July 30, 1985.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 82-1274
What does Oklahoma Statutes § 82-1274 cover?
Section 82-1274 ("Exemption from taxes and assessments") 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 § 82-1274?
A common citation format is "Oklahoma Statutes § 82-1274" (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 § 82-1274 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.