Oklahoma 2022 2022 Regular Session

Oklahoma Senate Bill SB956 Comm Sub / Bill

Filed 03/01/2022

                     
 
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STATE OF OKLAHOMA 
 
2nd Session of the 58th Legislature (2022) 
 
COMMITTEE SUBSTITUTE 
FOR 
SENATE BILL 956 	By: Boren 
 
 
 
 
 
COMMITTEE SUBSTITUTE 
 
An Act relating to levy on property; amending 12 O.S. 
2021, Section 759, which relates to appraisement of 
property; authorizing alternative method of valuation 
of property under certain circumstances; allowing 
sheriff to collect certain administrative fe e; and 
providing an effecti ve date. 
 
 
 
 
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: 
SECTION 1.     AMENDATORY     12 O.S. 2021, Section 759, is 
amended to read as follows: 
Section 759. A.  When a general execution is issued and p laced 
in the custody of a sheriff for levy, a certified copy of the 
execution shall be filed i n the office of the county clerk of the 
county whose sheriff holds the execution and shall be indexed in the 
same manner as judgments.  At the time the execution is filed, the 
court clerk shall collect from the party seeking a general execution 
all fees necessary for the payment of the disinterested persons or a 
legal entity for services in appraising the subject property 
pursuant to the requirements of subsection B of this section.   
 
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B.  If a general or special execution is levied upon lands and 
tenements, the sheriff shall endorse on the face of the writ the 
legal description and shall have three disinterested persons who 
have taken an oath to impartially appraise t he property levied on or 
a legal entity which has provided a written affidavit of 
impartiality, upon actual view; and the disinterested persons or 
legal entity shall return to the officer a signed estimate of the 
real value of the property.  If an estimate is obtained from a 
disinterested legal entity, such estimate shall be developed by the 
legal entity using at least three independent, credible sources, 
each of which has estimated the real value of the subject property 
independently. The disinterested pe rsons or legal entity shall be 
paid for such services by the court clerk of the county where t he 
property is located within thirty (30) days of the date that they 
return their estimate of the real value of the property.  If three 
disinterested persons or a disinterested legal entity are not 
available to appraise the property, the sheriff may use th e market 
value of the property in a county where the market value is included 
on the public record in the office of the county assessor. The 
sheriff shall be pai d an administrative fee of Fif ty Dollars 
($50.00) if the market value is obtained from the cou nty assessor. 
C.  To extend a judgment lien beyond the initial or any 
subsequent statutory period, prior to the expiration of such period, 
a certified copy of o ne of the following must be filed and indexed   
 
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in the same manner as judgments in the office of t he county clerk in 
the county in which the statement of judgment was filed and the lien 
thereof is sought to be retained: 
1.  A general execution upon the judgm ent; 
2.  A notice of renewal of judgment; 
3.  A garnishment summons issued against the judgment debtor; or 
4.  A notice of income assignment sent to a payor of the 
judgment debtor. 
SECTION 2.  This act shall become effecti ve November 1, 2022. 
 
58-2-3645 TEK 3/1/2022 11:08:27 AM