Oklahoma 2024 Regular Session

Oklahoma Senate Bill SB327 Latest Draft

Bill / Amended Version Filed 04/11/2023

                             
 
SB327 HFLR 	Page 1 
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HOUSE OF REPRESENTATIVES - FLOOR VERSION 
 
STATE OF OKLAHOMA 
 
1st Session of the 59th Legislature (2023) 
 
ENGROSSED SENATE 
BILL NO. 327 	By: Stanley of the Senate 
 
  and 
 
  Manger of the House 
 
 
 
 
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. 2022, 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 or 
motor 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 or motor to the transferee upon the death of the 
transferor.  The notice shall include:   
 
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1. The vehicle identification number of the vehicle or hull 
identification number of the boat; 
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 
or motor 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 or motor 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. 
 
COMMITTEE REPORT BY: COMMITTEE ON PUBLIC SAFETY, dated 04/11/2023 - 
DO PASS.