This bill establishes a new section in the Oklahoma Statutes that defines terms related to electronic transactions with Service Oklahoma and exempts certain records from notarization requirements. Specifically, it defines "electronic format" and "eligible entity," the latter referring to various authorized representatives in the automotive and lending sectors. The bill stipulates that records submitted electronically by eligible entities will not require notarization, including those related to vehicle titling or registration.
Additionally, the bill clarifies that these provisions do not apply to transactions that do not involve an eligible entity. The new law is set to be codified as Section 3-107.1 of Title 47 and will take effect on November 1, 2026.