Okla. Stat. tit. 36, § 36-6060.18
This is the official text of Okla. Stat. tit. 36, § 36-6060.18, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Withdrawals – Taxation – Transfer of interest
Official statutory text
A. Notwithstanding paragraphs C, D, E, and F of this section,
an eligible individual may withdraw money from their health savings
account for any purpose other than a purpose described in Section
6060.17 of this title.
B. If the eligible individual withdraws money for any purpose
other than a purpose described in Section 6060.17 of this title, at
any other time, all of the following shall apply:
1. The amount of the withdrawal is income for the purposes of
the Oklahoma Income Tax Act in the tax year of the withdrawal; and
2. The tax imposed on the withdrawal which is includable in
income shall be increased by ten percent (10%) of the amount which
is so includable.
C. The amount of disbursement of any assets of a health savings
account pursuant to a filing for protection under Section 101 of
Title 11 of the United States Code by an eligible individual or
person for whose benefit the account was established is not
considered a withdrawal for purposes of this section. The amount of
a disbursement is not subject to taxation under the Oklahoma Income
Tax Act and subsection B of this section does not apply.
D. The transfer of an eligible individual's interest in a
health savings account to an eligible individual's spouse or former
spouse under a divorce or separation instrument shall not be
considered a taxable transfer made by such eligible individual,
notwithstanding any other provision of this title, and the interest
Oklahoma Statutes - Title 36. Insurance Page 1115
shall, after the transfer, be treated as a health savings account
with respect to which the spouse is the eligible individual.
E. Upon the death of the eligible individual, the trustee or
custodian shall distribute the principal and accumulated interest of
the health savings account to the estate of the deceased.
F. If an employee becomes employed with a different employer
that participates in a health savings account program, the employee
may transfer their health savings account to that new employer's
trustee or custodian, or to an individually purchased account
program.
an eligible individual may withdraw money from their health savings
account for any purpose other than a purpose described in Section
6060.17 of this title.
B. If the eligible individual withdraws money for any purpose
other than a purpose described in Section 6060.17 of this title, at
any other time, all of the following shall apply:
1. The amount of the withdrawal is income for the purposes of
the Oklahoma Income Tax Act in the tax year of the withdrawal; and
2. The tax imposed on the withdrawal which is includable in
income shall be increased by ten percent (10%) of the amount which
is so includable.
C. The amount of disbursement of any assets of a health savings
account pursuant to a filing for protection under Section 101 of
Title 11 of the United States Code by an eligible individual or
person for whose benefit the account was established is not
considered a withdrawal for purposes of this section. The amount of
a disbursement is not subject to taxation under the Oklahoma Income
Tax Act and subsection B of this section does not apply.
D. The transfer of an eligible individual's interest in a
health savings account to an eligible individual's spouse or former
spouse under a divorce or separation instrument shall not be
considered a taxable transfer made by such eligible individual,
notwithstanding any other provision of this title, and the interest
Oklahoma Statutes - Title 36. Insurance Page 1115
shall, after the transfer, be treated as a health savings account
with respect to which the spouse is the eligible individual.
E. Upon the death of the eligible individual, the trustee or
custodian shall distribute the principal and accumulated interest of
the health savings account to the estate of the deceased.
F. If an employee becomes employed with a different employer
that participates in a health savings account program, the employee
may transfer their health savings account to that new employer's
trustee or custodian, or to an individually purchased account
program.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.