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§ 4012.1. TOD title transfer

Oklahoma Statutes AnnotatedTitle 63. Public Health and SafetyEffective: November 1, 2023

Oklahoma Statutes Annotated
Title 63. Public Health and Safety (Refs & Annos)
Chapter 70. Oklahoma Vessel and Motor Registration Act (Refs & Annos)
Certificates of Title
Effective: November 1, 2023
63 Okl.St.Ann. § 4012.1
§ 4012.1. TOD title transfer
A. The title of a vessel 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 of the vessel or motor to the transferee upon the death of the transferor. The notice shall include:
1. The identification number of the vessel or motor;
2. The full name and address of the transferor;
3. The full name and address of the transferee; and
4. 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 vessel or motor pursuant to notice filed under subsection A of this section, the designated transferee shall execute an affidavit verifying the death of the transferor owner and submit it to Service Oklahoma. After the date of the transfer of the vessel 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.

Credits

Laws 2023, c. 71, § 2, eff. Nov. 1, 2023.
63 Okl. St. Ann. § 4012.1, OK ST T. 63 § 4012.1
Current with emergency effective legislation through Chapter 329 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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