Okla. Stat. tit. 19, § 19-1220
This is the official text of Okla. Stat. tit. 19, § 19-1220, part of Oklahoma’s Stat. tit. 19, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 19,." Browse the sections below, each linked to its official government source.
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Tax exemption
Official statutory text
Districts formed hereunder shall be exempt from all excise taxes
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 securities
and evidences of indebtedness issued by a district created pursuant
to the Ambulance Service Districts 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 the 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 securities and
evidences of indebtedness.
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 securities
and evidences of indebtedness issued by a district created pursuant
to the Ambulance Service Districts 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 the 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 securities and
evidences of indebtedness.
Status: in_force · Read it on the official government site
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