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 the types covered under this section. The bill clarifies the establishment and enforcement of special liens, detailing the conditions required for these liens and the consequences of non-compliance, such as the denial of title applications and the subordination of the special lien to perfected liens. It also allows for one resubmission of the title application within a specified timeframe and outlines the necessary steps for lien claimants, including timely notification to property owners and lienholders after services are performed.
Additionally, the bill establishes new provisions regarding the possessory lien process, ensuring that service providers can retain possession of personal property until payment is made, contingent upon the owner's acknowledgment of a notice regarding potential repossession. It sets forth conditions for repossession, including written notice requirements and limitations on repossession costs. The bill also addresses various types of vehicles and personal property, penalties for false statements in lien proceedings, and the process for pausing sales upon notice of legal proceedings. The act is scheduled to take effect on November 1, 2025.
Statutes affected: Introduced: 42-91A