Oklahoma Administrative Code
Title 260 - Office of Management and Enterprise Services
Chapter 135 - Service Oklahoma
Subchapter 7 - Motor Vehicle
Part 7 - BOATS AND MOTORS - TITLES
Section 260:135-7-51 - Repossessions
Universal Citation: OK Admin Code 260:135-7-51
Current through Vol. 42, No. 1, September 16, 2024
Each vessel or outboard motor repossessed by a mortgagee is assessed a standard repossession fee in addition to the title processing fee. This repossession fee is in lieu of all applicable vessel or outboard motor excise taxes and registration fees. Upon payment of the repossession fee and title processing fee, a repossession title will be issued and any non-current registration will be brought current for no additional fee. The repossession registration will reflect an expiration corresponding with the current vessel/outboard motor registration year period.
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