Okla. Stat. tit. 47, § 1107
Holder of Certificates in Event of Sale or Transfer of Ownership - Violations
Effective Nov 1, 1999Laws 1985, HB 1219, c. 179, § 10, emerg. eff. July 1, 1985; Amended by Laws 1985, HB 1013, c. 197, § 2, emerg. eff. July 1, 1985; Amended by Laws 1986, SB 576, c. 172, § 1, emerg. eff. July 1, 1986; Amended by Laws 1988, SB 474, c. 163, § 4, emerg. eff. May 16, 1988; Amended by Laws 1988, HB 1780, c. 201, § 8, eff. January 1, 1989; Amended by Laws 1989, HB 1313, c. 57, § 5 (repealed by Laws 1990, c. 337, § 26); Amended by Laws 1989, HB 1292, c. 290, § 1, emerg. eff. May 24, 1989; Amended by Laws 1990, HB 2361, c. 337, § 10; Amended by Laws 1993, HB 1275, c. 153, § 4, eff. September 1, 1993; Amended by Laws 1996, HB 2124, c. 128, § 1, eff. November 1, 1996; Amended by Laws 1999, HB 1397, c. 178, § 1, eff. November 1, 1999 (superseded document available).
- A. In the event of the sale or transfer of the ownership of a vehicle for which a certificate of title has been issued as provided by Section 1105 of this title, the holder of such certificate shall endorse on the back of same a complete assignment thereof with warranty of title in form printed thereon with a statement of all liens or encumbrances on the vehicle, sworn to before a notary public or some other person authorized by law to take acknowledgments, and deliver same to the purchaser or transferee at the time of delivery to the purchaser or transferee of the vehicle. The seller may notify the Oklahoma Tax Commission of the sale, transfer or assignment of the owner's title or interest in the vehicle giving the date thereof, the name and address of the owner and of the transferee, and the description of the vehicle on forms provided by the Commission and signed by both parties. Upon receipt of such notification, the Commission shall appropriately file and index the sale, transfer or assignment. The purchaser or transferee, unless such person is a bona fide used motor vehicle dealer licensed by this state, or a charitable organization shall, within thirty (30) days from the time of delivery to the purchaser or transferee of the vehicle, present the assigned certificate of title and the insurance security verification to the vehicle to the Oklahoma Tax Commission, or one of its motor license agents, accompanied by a fee of Eleven Dollars ($11.00), together with any motor vehicle excise tax or license fee that may be due, whereupon a new certificate of title, shall be issued to the assignee. One Dollar ($1.00) of each fee shall be deposited in the Oklahoma Tax Commission Reimbursement Fund. Any charitable organization utilizing the exemption authorized by this subsection shall receive training as prescribed by the Oklahoma Used Motor Vehicle and Parts Commission.
- B. A licensed dealer or charitable organization shall, on selling or otherwise disposing of a vehicle, execute and deliver to the purchaser thereof the certificate of title properly and completely reassigned. Thereupon, the purchaser of the vehicle shall present the reassigned certificate to the Commission, or a motor license agent, accompanied by a fee of Eleven Dollars ($11.00), and any motor vehicle excise tax or license fee that may be due, whereupon a new certificate of title will be issued to the purchaser. One Dollar ($1.00) of each fee shall be deposited in the Oklahoma Tax Commission Reimbursement Fund. The certificate, when so assigned and returned to the Commission, together with any subsequent assignment or reissue thereof, shall be appropriately filed and indexed so that at all times it will be possible to trace title to the vehicle designated therein. Provided, when the ownership of any motor vehicle shall pass by operation of law, the person owning the vehicle may, upon furnishing satisfactory proof to the Commission of ownership, procure a title to the motor vehicle, regardless of whether a certificate of title has ever been issued. The dealer shall execute and deliver to the purchaser bills of sale on forms prescribed by the Commission for all new vehicles sold by the dealer. On presentation of a bill of sale executed on forms prescribed by the Commission, by a manufacturer or dealer for a new vehicle sold in this state, accompanied by remittance in the sum of Eleven Dollars ($11.00), together with any motor vehicle excise tax or license fee that may be due, a certificate of title shall be issued in accordance with the provisions of the Oklahoma Vehicle License and Registration Act. One Dollar ($1.00) of each fee shall be deposited in the Oklahoma Tax Commission Reimbursement Fund. For purposes of this subsection, "charitable organization" shall mean any organization which is exempt from taxation pursuant to the provisions of the Internal Revenue Code, 26 U.S.C., Section 501(c)(3) and which is registered as a charitable organization with the Oklahoma Secretary of State and the Oklahoma Attorney General's office.
- C. Any person violating the provisions of this section shall be guilty of a misdemeanor and upon the first conviction thereof shall be punished by a fine not to exceed Five Hundred Dollars ($500.00), with impoundment of the vehicle until all taxes and fees are paid. A second or subsequent conviction shall be punished by a fine not to exceed One Thousand Dollars ($1,000.00), with impoundment of the vehicle until all taxes and fees are paid. If a vehicle is impounded pursuant to the provisions of this section, the vehicle shall not be released to the owner until the owner provides proof of security or an affidavit that the vehicle will not be used on public highways or public streets, as required pursuant to Section 7-600 et seq. of this title. Each vehicle involved in a violation of this section shall be considered a separate offense.
Laws 1985, HB 1219, c. 179, § 10, emerg. eff. July 1, 1985; Amended by Laws 1985, HB 1013, c. 197, § 2, emerg. eff. July 1, 1985; Amended by Laws 1986, SB 576, c. 172, § 1, emerg. eff. July 1, 1986; Amended by Laws 1988, SB 474, c. 163, § 4, emerg. eff. May 16, 1988; Amended by Laws 1988, HB 1780, c. 201, § 8, eff. January 1, 1989; Amended by Laws 1989, HB 1313, c. 57, § 5 (repealed by Laws 1990, c. 337, § 26); Amended by Laws 1989, HB 1292, c. 290, § 1, emerg. eff. May 24, 1989; Amended by Laws 1990, HB 2361, c. 337, § 10; Amended by Laws 1993, HB 1275, c. 153, § 4, eff. September 1, 1993; Amended by Laws 1996, HB 2124, c. 128, § 1, eff. November 1, 1996; Amended by Laws 1999, HB 1397, c. 178, § 1, eff. November 1, 1999 (superseded document available).