Loading chat...

OK HB2447

Bill

Official Source

Status

Engrossed

2/22/2016

Primary Sponsor

Terry O'Donnell

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Extends the filing deadline for vehicle security interest lien entry forms and fees from 25 days to 30 days after the date of the lien entry form
  • Security interest perfection begins from the lien entry form execution date if documents are delivered to the Tax Commission or motor license agent within the 30-day window
  • Amends 47 O.S. 2011, Section 1110, which governs the perfection of security interests in vehicles through the Oklahoma Tax Commission
  • Effective date of November 1, 2016

Legislative Description

Motor vehicles; security interests; effective date.

Last Action

Second Reading referred to Finance

3/10/2016

Committee Referrals

Finance3/10/2016
Banking and Financial Services2/2/2016

Full Bill Text

No bill text available