Oklahoma Administrative Code
Title 765 - Oklahoma Used Motor Vehicle, Dismantler, and Manufactured Housing Commission
Chapter 12 - Salvage Pools and Disposal Sales
Subchapter 1 - Licensing Qualifications, Procedures and Fees
Section 765:12-1-4 - Bond and insurance
Universal Citation: OK Admin Code 765:12-1-4
Current through Vol. 41, No. 13, March 15, 2024
(a) Dealer bond. A salvage pool or salvage disposal sale shall be required to obtain and maintain the used motor vehicle dealer surety bond required for a used motor vehicle auction.
(b) Liability insurance. A salvage pool or salvage disposal sale shall be required to obtain and maintain liability insurance as required for a used motor vehicle dealer.
Added at 25 Ok Reg 360, eff 11-1-07 (emergency); Added at 25 Ok Reg 2083, eff 6-26-08
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