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STATE OF OKLAHOMA
1st Session of the 59th Legislature (2023)
SENATE BILL 327 By: Stanley
AS INTRODUCED
An Act relating to boats; amending 47 O.S. 2 021,
Section 1107.5, as amended by Section 119, Chapter
282, O.S.L. 2022 (47 O.S. Supp. 202 2, Section
1107.5), which relates to transfer of title in
transfer-on-death form; modifying inclu sions; and
providing an effective date.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 47 O.S. 2021, Section 1107.5, as
amended by Section 119, Chapter 282, O.S.L. 2022 (47 O.S. Supp.
2022, Section 1107.5), is amended to read as follows:
Section 1107.5. A. The title of a motor vehicle or boat that
is not subject to any lien or other encumbrance may be transferred
in transfer-on-death form by filing with Service Oklahoma a written
notice of transfer signed by the transferor and designating the
transferee. Such notice shall transfer ownership o f the vehicle or
boat to the transferee upon the death of the transferor. The notice
shall include:
1. The vehicle identification number of the vehicle or hull
identification number of the boat;
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2. The number of the license plate issued to the vehicle, if
any;
3. The full name and address of the transferor;
4. The full name and address of the transferee; and
5. The signature of the transferor. The signature or consent
of or notice to the transferee shall not be required for any purpose
during the lifetime of the transferor.
B. A designation of the transferee may be revoked or changed at
any time prior to the death of the transferor by filing an amended
notice with Service Oklahoma.
C. To accept a certificate of title of a motor vehicle or boat
pursuant to notice filed under subsection A of this act, the
designated transferee shall execute an affidavit verifying the death
of the transferor owner and submit to Service Oklahoma. After the
date of the transfer of the vehicle or boat as evidenced by the
submitted affidavit and the records of Service Oklahoma, Service
Oklahoma shall issue a title reflecting the transfer of ownership.
SECTION 2. This act shall become effective November 1, 2023.
59-1-98 BG 1/13/2023 10:45:26 AM