Oklahoma § 82-876 - Bonds exempted from taxation except inheritance taxes Bonds and securities

Full text of Oklahoma Oklahoma Statutes § 82-876 — Bonds exempted from taxation except inheritance taxes Bonds and securities, with citation guidance and answers to common questions.

§ 82-876. Bonds exempted from taxation except inheritance taxes Bonds and securities

All bonds and the interest thereon issued pursuant to the

provisions of this act shall be exempt from taxation, except

inheritance taxes, by the State of Oklahoma or by any municipal

corporation, county or other political subdivision or taxing

district of the state.

Bonds issued under the provisions of this act are hereby made

securities in which all public officers and public bodies, agencies

and instrumentalities of the state and its political subdivisions,

all banks, trust companies, trust and loan associations, investment

companies, and others carrying on a banking business, and all

insurance companies and insurance associations, and others carrying

on an insurance business, may legally and properly invest funds

including capital in their control or belonging to them. Such bonds

are also approved as collateral security for the deposit of any

public funds and for the investment of trust funds.

Laws 1935, p. 358, § 16; Laws 1981, c. 204, § 19, emerg. eff. May

26, 1981.

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

Frequently Asked Questions About Oklahoma § 82-876

What does Oklahoma Statutes § 82-876 cover?

Section 82-876 ("Bonds exempted from taxation except inheritance taxes Bonds and securities") 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 § 82-876?

A common citation format is "Oklahoma Statutes § 82-876" (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 § 82-876 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.