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47-1115.1v1.


47-1115.1v1.
   
   In addition to the penalties provided in the Oklahoma Vehicle License
   and Registration Act, after ninety (90) days from the expiration date
   for annual registration of a vehicle, it shall be the duty of the
   Oklahoma Tax Commission, Department of Public Safety, county sheriffs,
   and all other duly authorized peace officers of this state to seize
   and take into custody every vehicle owned within this state not
   bearing or displaying a proper license plate required by the Oklahoma
   Vehicle License and Registration Act. The vehicle shall not be
   released to the owner until it is duly registered and the license,
   registration, or title fee and penalties due are paid in full, 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, is furnished, and the cost of seizure,
   including the reasonable cost of taking the vehicle into custody and
   storing the vehicle, have been paid. In the event the owner of any
   vehicle seized fails to pay such fees and penalties due, together with
   cost of seizure and storage, and fails to provide proof of security or
   an affidavit that the vehicle will not be used on public highways or
   public streets, the Oklahoma Tax Commission or its motor license
   agents shall proceed to sell the vehicle by posting not less than five
   notices of sale in five different public places in the county where
   the vehicle is located, one of such notices to be posted at the place
   where the vehicle is stored. A copy of the notice shall also be sent
   by certified mail, restricted delivery, with return receipt requested,
   to the last-known address of the registered owner of the vehicle. The
   vehicle shall be sold at such sale subject to the following terms and
   conditions:
   
   1. In the event the sale price is equal to, or greater than, the total
   costs of sale, seizure and the fee and penalty, the purchaser shall be
   issued a certificate of purchase, license plate, manufactured home
   registration receipt and decal and registration certificate;
   
   2. In the event the sale price is less than the total costs of sale,
   seizure, and the fee and penalty, the vehicle shall be sold as junk to
   the highest bidder, whereupon the bidder shall receive a certificate
   of purchase, and if the vehicle be dismantled, the record to the
   junked vehicle shall be canceled. If not dismantled, the vehicle shall
   be immediately registered; or
   
   3. Any residue remaining unclaimed by the delinquent owner shall be
   administered in accordance with the Uniform Unclaimed Property Act.
   

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