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OK SB632
Bill
AI Summary
SB 632 Summary
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Creates two business court divisions in Oklahoma counties with populations exceeding 500,000 (Business Court Division I in Oklahoma County, Division II in Tulsa County), with cases eligible for filing on or after January 1, 2026
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Establishes business court judge positions appointed by the Governor with Senate confirmation from candidates provided by the Speaker of the House; judges must be at least 35 years old, U.S. citizens, and licensed attorneys with 10+ years of experience in complex civil business litigation, business transaction law, or judicial service
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Sets business court jurisdiction over civil cases with disputes of $500,000 or more and specific categories of complex business claims including corporate disputes, commercial real estate, intellectual property, securities matters, and franchise agreements, excluding consumer claims and governmental matters
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Requires non-jury trials to be resolved within 12 months of filing, allows jury trials in business court, and establishes a $1,500 filing fee for actions filed in or removed to business court divisions
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Compensates business court judges at the salary level of Supreme Court associate justices and authorizes appointment of law clerks and secretary-bailiffs; act becomes effective September 1, 2025
Legislative Description
Business courts; creating business court divisions in certain judicial districts; providing for appointment of business court judges; specifying authority and jurisdiction of business court. Effective date.
Last Action
Approved by Governor 05/29/2025
5/29/2025