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OK SB1616

Bill

Status

Introduced

2/3/2014

Primary Sponsor

Rick Brinkley

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Origin

Senate

2014 Regular Session

AI Summary

Senate Bill 1616 Summary

  • Amends 42 O.S. 2011, Section 14 regarding the rights and compensation of property lien holders

  • Updates statutory references from Sections 1018 and 1019 to Sections 299 and 300 of Title 15 of the Oklahoma Statutes

  • Maintains that lien holders are not entitled to compensation from property owners for expenses incurred, except to the same extent as borrowers under the referenced sections

  • Effective date is November 1, 2014

Legislative Description

Liens; updating statutory reference. Effective date.

Civil and Criminal Procedure and Courts

Last Action

Second Reading referred to Rules

2/4/2014

Committee Referrals

Rules2/4/2014

Full Bill Text

No bill text available