{"data":{"id":"us-ok/okla.-stat.-tit.-47-47-7-209","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 47, § 47-7-209","heading":"Agreements for payment of damages","body":"A. Any two or more of the persons involved in or affected by an\n\naccident, as described in Section 7-201 of this title, may at any\n\ntime enter into a written agreement for the payment of an agreed\n\namount with respect to all claims of any of the persons because of\n\nbodily injury to or death or property damage arising from the\n\naccident, which agreement may provide for payment in installments,\n\nand may file a signed copy thereof with the Department of Public\n\nSafety.\n\nB. The Department, to the extent provided by the written\n\nagreement filed with it, shall not require the deposit of security\n\nand shall terminate any prior order of suspension, provided that\n\nproof of financial responsibility has been filed; provided, if\n\nsecurity has previously been deposited, the Department shall\n\nimmediately return the security to the depositor or to the personal\n\nrepresentative of the depositor.\n\nC. Upon notice to the Department of a default in any payment\n\nunder the agreement, the Department shall take action suspending the\n\ndriving privilege of the person in default as in the same manner as\n\nfor failure of the person to deposit security when required under\n\nthis chapter. When reporting a default, the amount already paid and\n\nthe outstanding balance shall be provided to the Department.\n\nProvided, this subsection shall not be deemed to require any party\n\nto the agreement to make notice to the Department of a default of\n\nany payment.\n\nD. The suspension provided for in subsection C of this section\n\nshall remain in effect and the driving privilege of the person shall\n\nnot be restored unless and until:\n\n1. Security is deposited and proof of financial responsibility\n\nis filed as required under this chapter, the security to be in such\n\namount as the Department may then determine;\n\n2. The person in default has paid the balance of the agreed\n\namount; or\n\n3. One (1) year has elapsed following the effective date of the\n\nsuspension and evidence satisfactory to the Department has been\n\nfiled with it that during the one-year period no action at law upon\n\nthe agreement has been instituted and is pending.","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":"bdb94fbe4bf30ae3a8d80b687b5ca753e58822bb834d416fa026f5ccb3566a8a","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-47-47-7-208","next":"us-ok/okla.-stat.-tit.-47-47-7-210"},"notice":"GroundRules: Original legal text. Not legal advice."}