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§47-1107.
§47-1107.
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.
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