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OK SB1692
Bill
Status
2/2/2026
Primary Sponsor
Brenda Stanley
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AI Summary
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Requires code enforcement directors to notify all mortgage holders at least 60 days prior to filing a petition for judicial in rem foreclosure on properties with recorded mortgages
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Adds new subsection C to Section 22-140.5, creating a mandatory notice requirement parallel to the existing 60-day notice requirement for taxing agencies
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Updates statutory language throughout by replacing "this act" with "the Municipal Code Lien Enforcement Act of 2025" and "the State of Oklahoma" with "this state"
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Re-letters subsequent subsections (D through G become E through H) to accommodate the new mortgage holder notification provision
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Effective date of July 1, 2027
Legislative Description
Municipal Code Lien Enforcement Act of 2025; requiring notification of mortgage holders prior to filing a petition for foreclosure. Effective date.
Last Action
Second Reading referred to Judiciary
2/3/2026