{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1006","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1006","heading":"Payment where ownership is in dispute - Assignment as","body":"security.\n\nWhenever oil, gas or any other minerals upon which gross\n\nproduction tax is paid under the laws of the State of Oklahoma, are\n\nin litigation or dispute involving ownership of such oil, gas or\n\nother minerals, subject to such tax, and such oil, gas or other\n\nminerals are sold, the usual gross production tax, as provided by\n\nlaw, shall be paid from the proceeds or funds in the hands of the\n\npurchaser of such oil, gas or other minerals; and in lieu of payment\n\nfor such production, to the extent of such tax, the Tax Commission's\n\nreceipt therefor shall be accepted in lieu of money in settlement of\n\nthe purchase price of such production; and whenever any such oil,\n\ngas or other minerals are assigned as security for debt or\n\notherwise, such tax shall be likewise paid by such assignee; and\n\nsuch tax shall constitute a lien upon the interest assigned, which\n\nshall be paramount to such indebtedness for which the assignment is\n\nmade; and whenever such tax shall become delinquent, the usual\n\npenalty shall apply.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"676da1adb2c58a16e49588bdfab57200adbc793cda21e449d627cf2d64400aef","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1005","next":"us-ok/okla.-stat.-tit.-68-68-1007"},"notice":"GroundRules: Original legal text. Not legal advice."}