Okla. Stat. tit. 62, § 62-436a: Delinquent tax penalties, interest and forfeitures -

Credit on apportionment.

All penalties, interest and forfeitures which may accrue on

delinquent ad valorem taxes, whether real or personal, tangible or

intangible, on any properties, persons, firms or corporations within

any school district, township, town or city within a county, shall,

when collected, be credited on apportionment by the county treasurer

as follows: In all counties having an assessed net valuation of

less than Seven Million Dollars ($7,000,000.00) one-half (1/2) of

such penalties shall be credited to the general fund of the county

and one-half (1/2) to the resale property fund of such county; and

in all counties having an assessed net valuation of Seven Million

Dollars ($7,000,000.00) or more, all such penalties interest and

forfeitures on property located in any township having a bonded

indebtedness of any kind, one-half (1/2) of such penalties interests

and forfeitures, when normally collected, shall be paid into the

sinking fund of such township and the remaining one-half (1/2)

thereof in such township and all penalties, interests and

forfeitures where there exists no township bonded indebtedness of

any kind shall be credited to the resale property fund of such

county.