Commission Director John Maile told the Commissioners that the Departmen tof Consumer
Credit has started participating in the dealer education program again. They are
covering the consumer credit aspects of credit sales.
Curt Roggow, Commission Legislative Liaison, advised the Commissioners that the Oklahoma
House of Representatives has posted their interim studies. None of the studies impact
the Commission. The State Senate has not yet posted the list of their studies.
Roggow reminded the Commissioners that this is an election year. There will be at
least 43 new members in the Legislature.
Staff conducted 32 dealer audits in June.
Staff completed 32 inspections and handled 23 complaints.
Fifty dealers attended the on-site education program in June.
Rule Violations Hit the Bottom Line - Oklahoma used motor vehicle dealers are finding
that failure to comply with state and federal regulations can have a negative impact
on store profits.
Out-Of-State Reassignment - Licensed Oklahoma motor vehicle dealers are allowed
to reassign other states’ certificates of title, including tribal titles.
Open Safety Recalls - Independent dealers have three primary choices when faced
with selling a vehicle subject to an open safety recall. Points to consider when
establishing dealership policy are here.
Title Assignment Date - The Motor Vehicle Division of the Oklahoma Tax Commission
issued a reminder that the certificate of title assignment date is the date of ownership
transfer, not the date the title is completed or entered into the OTC system. Here
is more info on Completion of the Certificate of Title.