Oklahoma Code § 18-1019
Oklahoma Code § 18-1019. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.
§ 18-1019.
Private foundations; powers and duties.
PRIVATE FOUNDATIONS; POWERS AND DUTIES
A corporation of this state which is a private foundation under
the United States internal revenue laws and whose certificate of
incorporation does not expressly provide that this section shall not
apply to it is required to act or to refrain from acting so as not
to subject itself to the taxes imposed by Sections 4941, relating to
taxes on self-dealing, 4942, relating to taxes on failure to
distribute income, 4943, relating to taxes on excess business
holdings, 4944, relating to taxes on investments which jeopardize
charitable purpose, or 4945, relating to taxable expenditures, of
the Internal Revenue Code of 1954, as amended, or corresponding
provisions of any subsequent United States internal revenue law.
Added by Laws 1986, c. 292, § 19, eff. Nov. 1, 1986.
Amended by
Laws 1987, c. 146, § 2, operative Nov. 1, 1987.
Source: official Oklahoma text · Last verified 2026-08-27
At a glance
- Citation: Oklahoma Statutes § 18-1019
- Jurisdiction: Oklahoma
- Code: Oklahoma Statutes
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Oklahoma Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Oklahoma attorney.
Common questions
What is the source of Oklahoma Statutes § 18-1019?
The text above is transcribed from the Oklahoma Statutes, the codified statutes of Oklahoma. The official publisher link appears under "Verify the text" on this page.
What subject does Oklahoma Statutes § 18-1019 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Oklahoma Statutes § 18-1019 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Oklahoma source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Oklahoma law to your facts requires a licensed Oklahoma attorney who can review the specifics.