The bill amends Section 91A of Title 42 of the Oklahoma Statutes, which governs liens for services rendered on personal property. It introduces specific exceptions, explicitly excluding farm equipment and certain defined personal property from coverage under this section. The bill clarifies that it applies to various vehicles and personal property that may lack a certificate of title or an active lien recorded. Additionally, it establishes that when personal property is subject to both this section and other specified sections, the procedures outlined in this section will take precedence. The bill also sets forth requirements for claiming a special lien, including timely documentation and notification processes, with non-compliance potentially leading to the denial of title applications and the subordination of the special lien to perfected liens.

Furthermore, the bill addresses possessory liens on personal property, detailing the rights of claimants and repossession procedures. It stipulates that a claimant is entitled to possession of the property until payment is made, contingent upon the owner's acknowledgment of a notice regarding potential repossession. The bill outlines conditions for repossession, including the necessity of written notice and restrictions on payment methods returned due to insufficient funds. It mandates that repossessed items be returned to the service location until lawfully returned to the owner or disposed of. The bill also introduces penalties for false statements in lien proceedings, pauses the sale process upon notice of legal proceedings, and allows for property inspection before sale. The act is set to take effect on November 1, 2025.

Statutes affected:
Introduced: 42-91A