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OK SB1686

Bill

Status

Vetoed

5/28/2010

Primary Sponsor

Terry Harrison

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Origin

Senate

2010 Regular Session

AI Summary

  • Amends 42 O.S. 2001, Section 142.6 to modify pre-lien notice requirements for materialmen's liens, requiring claimants to send notice within 75 days after the last date of supply of materials, services, labor, or equipment.

  • Increases the threshold exemption from pre-lien notice requirements from $2,500 to $10,000 for claims with aggregate amounts less than that threshold.

  • Requires pre-lien notice for liens affecting residential property occupied by an owner to be sent within 75 days of the last furnishing of materials, services, labor, or equipment to be valid.

  • Establishes that pre-lien notice sent for initial supply of materials, services, labor, or equipment protects lien rights for any subsequent supply during the course of a construction project without requiring multiple notices.

  • Repeals 42 O.S. 2001, Sections 142.1, 142.3, and 142.5 relating to materialmen liens, effective November 1, 2010.

Legislative Description

Liens; modifying time period for filing of pre-lien notice statement; modifying exception. Effective date.

Property

Last Action

Vetoed 06/10/2010

5/28/2010

Committee Referrals

Business and Labor2/9/2010
Judiciary2/2/2010

Full Bill Text

No bill text available