Okla. Stat. tit. 19, § 19-902.15: Bond election
Where this section sits in the code
- OK Code
- Title 19
Bonds and other evidences of indebtedness and the interest
thereon shall be paid by revenue derived from an annual levy of not
to exceed five (5) mills on the dollar upon the ad valorem taxed
property of the district, and all the ad valorem taxed property of
the district, including the ad valorem taxed property of public
service corporations, shall be and remain liable to be assessed for
such payments as herein provided; provided, if Article X, Section 8
of the Oklahoma Constitution requires one hundred percent (100%) of
fair cash value to be taxable for purposes of ad valorem taxation,
the maximum number of mills authorized by this section shall be
three-fourths (3/4) of one (1) mill.
Collected 2026-09-14T18:32:36Z. Source file · JSON