This bill introduces a new section to the Oklahoma Statutes, specifically Section 3-107.1 of Title 47, which defines terms related to electronic records submitted to Service Oklahoma. It establishes that "electronic format" aligns with existing definitions in the statutes, and identifies "eligible entities" as those authorized to act on behalf of various automotive-related businesses.

Importantly, the bill exempts records submitted in electronic format by these eligible entities from notarization requirements, streamlining processes such as vehicle titling and registration. However, it clarifies that these provisions do not apply to transactions that do not involve an eligible entity. The act is set to take effect on November 1, 2026.