Okla. Stat. tit. 62, § 62-448
This is the official text of Okla. Stat. tit. 62, § 62-448, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
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Tax for sinking fund - Cancellation when no deficit in
Official statutory text
fund.
If now or hereafter in any county, city, town, township, school
district or other municipal subdivision of the State of Oklahoma,
there exists no deficit in the sinking fund thereof, the governing
body of such municipality may by proper resolution recite such facts
and cancel all taxes thereof which are unpaid and which were levied
for the sinking fund of such municipality, for all fiscal years
previous to the one in which such resolution is passed. Such
resolution need be only in general terms reciting the rate of levy
and the year or years for which the same was levied and shall
thereupon be applicable to all taxes levied for that purpose for
that year or years which are unpaid.
If now or hereafter in any county, city, town, township, school
district or other municipal subdivision of the State of Oklahoma,
there exists no deficit in the sinking fund thereof, the governing
body of such municipality may by proper resolution recite such facts
and cancel all taxes thereof which are unpaid and which were levied
for the sinking fund of such municipality, for all fiscal years
previous to the one in which such resolution is passed. Such
resolution need be only in general terms reciting the rate of levy
and the year or years for which the same was levied and shall
thereupon be applicable to all taxes levied for that purpose for
that year or years which are unpaid.
Status: in_force · Read it on the official government site
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