Loading chat...

OK HB2068

Bill

Official Source

Status

Passed

4/29/2013

Primary Sponsor

Ron Justice

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

Bill Summary: HB 2068

  • Amends 47 O.S. 2011, Section 583 relating to used motor vehicle dealer licensing in Oklahoma
  • Removes bonding requirements for used motor vehicle salespersons (previously required $1,000 bond)
  • Removes exemption from bonding requirements for new motor vehicle dealers holding valid Oklahoma Motor Vehicle Commission licenses
  • Increases bonding amount for used motor vehicle dealers from $15,000 to $25,000
  • Effective date: November 1, 2013

Legislative Description

Motor vehicles; removing salesmen bonding requirement; effective date.

Motor Vehicles and Transportation

Last Action

Approved by Governor 04/26/2013

4/29/2013

Committee Referrals

Business and Commerce3/21/2013
Transportation2/5/2013

Full Bill Text

No bill text available