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OK SB796

Bill

Status

Passed

5/20/2016

Primary Sponsor

Lee Denney

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Amends Oklahoma law governing special liens on titled personal property to permit same-day, separate mailing of Notice of Possessory Lien and Notice of Sale when a lien application is denied.

  • Limits storage charges to accrue only from the date of application resubmission (rather than from original service date) when a lien claimant resubmits after initial denial.

  • Specifies that lien claimants may charge $20.00 processing fees plus postage costs in addition to fees regulated by the Oklahoma Corporation Commission for licensed wreckers under Section 91A.

  • Allows applicants one resubmission of title applications within 15 business days of receiving a denial notice, with compliance requirements clearly defined.

  • Applies to all actions and proceedings commencing on or after the effective date, with emergency clause for immediate implementation.

Legislative Description

Liens on personal property; permitting same-day, separate mailing of notices if denial; fees. Emergency.

Last Action

Approved by Governor 05/20/2016

5/20/2016

Committee Referrals

Judiciary and Civil Procedure3/17/2015
Judiciary2/4/2015

Full Bill Text

No bill text available