Oklahoma § 82-1324.22 - Exemption from taxes and assessments

Full text of Oklahoma Oklahoma Statutes § 82-1324.22 — Exemption from taxes and assessments, with citation guidance and answers to common questions.

§ 82-1324.22. 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 said district, whether real, personal or

mixed; such exemption shall include, but not be limited to,

franchise taxes or assessments or fees levied by a county or

municipality for inspections of the facilities of the district which

were not requested by the district. Any and all securities and

evidences of indebtedness issued by a district created pursuant to

this act and the income interest and capital gains thereon shall not

be subject to the income tax laws of this state and persons owning

or holding said 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 said securities and evidences of indebtedness.

Oklahoma Statutes - Title 82. Waters and Water Rights

Added by Laws 1972, c. 254, § 22.

4, emerg. eff. May 27, 1998.

Amended by Laws 1998, c. 283, §

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

Frequently Asked Questions About Oklahoma § 82-1324.22

What does Oklahoma Statutes § 82-1324.22 cover?

Section 82-1324.22 ("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 § 82-1324.22?

A common citation format is "Oklahoma Statutes § 82-1324.22" (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 § 82-1324.22 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.