§1-21. Definitions.
As used in the Oklahoma Abstractors Act: 1. “Abstract of title” is a compilation in orderly arrangement of the materials and facts of record, in the office of the county clerk and court clerk, affecting the title to a specific tract of land issued pursuant to a certificate certifying to the matters therein contained; 2. […]
§1-37. Certain employees required to hold abstract license – Exemptions.
Any person in the employ of a holder of a certificate of authority or permit for the purpose of searching county records or compiling abstracts shall hold an abstract license. The provisions of this section shall not apply to an employee whose sole function is to put the work product of others into typewritten or […]
§1-22. Oklahoma Abstractors Board.
A. There is hereby re-created to continue until July 1, 2023, in accordance with the Oklahoma Sunset Law the Oklahoma Abstractors Board. Beginning January 1, 2008, the Oklahoma Abstractors Board shall have the total responsibility of administering and enforcing the Oklahoma Abstractors Act. B. The Board shall have the power and duty to prescribe, promulgate […]
§1-38. Qualifications for issuance of license – Term of license – License fee.
A. An abstract license shall be issued by the Oklahoma Abstractors Board to an applicant who: 1. Is eighteen (18) years of age or older; 2. Is of good moral character; 3. Has not been convicted of or pleaded guilty or nolo contendere to a felony or crime of moral turpitude or disqualifying offense that […]
§1-23. Oklahoma Abstractors Board meetings – Officers, duties and powers.
A. The Oklahoma Abstractors Board shall meet at least quarterly each calendar year, and may meet more often as determined by the Board. B. The Board shall elect from its membership a chair, a vice-chair and a secretary. The officers of the Board shall be elected each July, and shall hold office for a term […]
§1-39. Supervision of licensees.
All abstract licensees shall submit to the supervision of a holder of a certificate of authority or permit and shall inform the Oklahoma Abstractors Board in writing of the name and address of that holder of a certificate of authority or permit. If the licensee leaves the employ of that holder of a certificate of […]
§1-24. Administration of Abstractors Act – Hearing examiners.
A. The Oklahoma Abstractors Board is hereby charged with the duty of administering the Oklahoma Abstractors Act. The Board shall be the sole governmental entity, state, county or municipal, authorized to regulate and issue certificates of authority, permits, and abstract licenses in this state. For the purposes of exercising the powers and performing the duties […]
§1-25. Abstractors Board – Powers and duties.
In performing the duties imposed pursuant to the Oklahoma Abstractors Act, the Oklahoma Abstractors Board shall have the following powers and duties: 1. To prescribe, promulgate, implement and enforce rules and make such orders as deemed necessary to implement all the provisions of the Oklahoma Abstractors Act including the duties imposed in this section; 2. […]
§1-26. Oklahoma Abstractors Board Revolving Fund.
There is hereby created in the State Treasury a revolving fund for the Oklahoma Abstractors Board to be designated the “Oklahoma Abstractors Board Revolving Fund”. Beginning July 1, 2007, any monies collected pursuant to the Oklahoma Abstractors Law shall be deposited into the Oklahoma Abstractors Board Revolving Fund. Beginning January 1, 2008, any monies collected […]
§1-27. Application for certificate of authority – Fee – Bond – Proof required.
A. Any person, firm, corporation, or other entity desiring to engage in the business of abstracting in this state shall make application to the Oklahoma Abstractors Board for a certificate of authority for each county in which the applicant desires to do business. The application shall be on a form prepared by the Board and […]