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OK SB277
Bill
AI Summary
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Amends 42 O.S. 2001, Section 142.6 to modify pre-lien notice requirements for construction liens, with notices required within 75 days of last supply of materials, services, labor, or equipment.
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Establishes that pre-lien notices affecting owner-occupied dwellings must be sent within 75 days of last furnishing of materials, services, labor, or equipment to be valid.
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Increases exemption threshold from $2,500 to $10,000 for claims not requiring pre-lien notice, and clarifies exemptions for residential projects with no owner-occupied units.
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Requires claimants to file a notarized affidavit verifying pre-lien notice compliance when filing lien statements; falsifying the affidavit is a misdemeanor punishable by fine up to $5,000 and/or up to 30 days imprisonment.
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Repeals 42 O.S. 2001, Sections 142.1, 142.3, and 142.5; effective November 1, 2011.
Legislative Description
Pre-lien notice; modifying procedures for pre-lien notices. Effective date.
Business and Labor
Last Action
Approved by Governor 04/06/2011
4/6/2011