Okla. Admin. Code § 710:10-6-5
Current through Vol. 42, No. 3, October 15, 2024
Beginning January 1, 2002, any storm shelter which meets the definition set out in 710:10-6-2 shall be exempt from Ad Valorem tax. Thereafter, if title to the property is transferred, changed, or conveyed to another person or entity, the exemption will be terminated and the property assessed as set forth in Article 10, Section 8 of the Oklahoma Constitution.
Okla. Admin. Code § 710:10-6-5