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OK HB1694
Bill
Status
2/2/2015
Primary Sponsor
Lee Denney
Click for details
AI Summary
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Amends Oklahoma laws governing possessory liens on personal property (Section 91) and non-titled personal property (Section 91A) by modifying notice requirements, timelines, and procedures for lien claimants.
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Removes return receipt mail requirements and allows electronic proof of return receipt; permits digital/electronic signatures in place of original notarized signatures on lien documents.
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Extends timeframes for lien claimants to request owner information (5 to 7 business days) and to send notice after receiving owner information (7 to 10 business days); allows up to 30 business days for resubmission of title applications with typographical errors instead of 15 days.
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Authorizes lien claimants to charge $20 processing fee plus postage; allows recovery of titling agency fees exceeding $5.00; permits property disposal upon approval of corrected forms with adjustment of storage fees for errors.
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Makes knowingly false statements in lien proceedings a felony offense for both lien claimants and vehicle owners; establishes emergency effective date.
Legislative Description
Liens; modifying requirements and procedures for liens on personal property; emergency.
Motor Vehicles and Transportation
Last Action
Second Reading referred to Rules
2/3/2015