{"data":{"id":"us-ok/okla.-stat.-tit.-47-47-1126","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 47, § 47-1126","heading":"Repossessed vehicle - Registration","body":"A. At any time that a mortgagee repossesses a vehicle on which\n\nthe registration has become delinquent as of the date of such\n\nrepossession, the mortgagee shall not be required, as a condition\n\nfor registration of said vehicle, to pay the penalties which had\n\naccrued as of the date of such repossession otherwise prescribed in\n\nthis act. Provided that said penalties shall not be waived unless\n\nsuch vehicle is registered by the mortgagee within five (5) days\n\nafter it is repossessed. Provided further, that if the mortgagor,\n\nor spouse, becomes the owner of the vehicle within ninety (90) days\n\nfrom the date of repossession, the penalty shall reattach and be\n\npaid when the new title is applied for.\n\nB. Upon each vehicle repossessed by a mortgagee, a fee of\n\nForty-six Dollars ($46.00) shall be assessed. This fee shall be in\n\nlieu of any applicable vehicle excise tax and registration fees.\n\nEach motor license agent accepting applications for certificates of\n\ntitle for such vehicles shall receive Seven Dollars ($7.00) to be\n\ndeducted from the license fee specified in this subsection for each\n\napplication accepted.","path":["OK Code","Title 47"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os47.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"9fd4fe1f31052ea32e7ad09eaedbeec072e6d78c200e1f1b47aa14dd8ac0c1b5","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-47-47-1125","next":"us-ok/okla.-stat.-tit.-47-47-1127"},"notice":"GroundRules: Original legal text. Not legal advice."}