Oklahoma Administrative Code › Title 260 - Office of Management and Enterprise Services › Chapter 135 - Service Oklahoma › Subchapter 7 - Motor Vehicle › Part 35 - CERTIFICATES OF TITLE › Section 260:135-7-189 - Junked titles

Current through Vol. 41, No. 20, July 1, 2024
(a)
Junked
				  title defined.
A junked vehicle is any vehicle which is incapable of
				  operation or use on the highway, has no resale value except as a source of
				  parts or scrap and has an eighty percent (80%) loss in fair market
				  value.
(b)
Out-of-state
				  junked titles; junked title permanent classification.
Any vehicle which
				  is a junked vehicle or is specified as a junked vehicle or the equivalent
				  thereof on a certificate of title from another state is to receive an Oklahoma
				  Junked Title. Once a Junked Title is issued on a vehicle, it will remain as
				  such permanently.
(c)
Procedure for cancellation of title for junked vehicle.
The owner
				  of any vehicle which is incapable of operation or use on the public roads and
				  has no resale value except as parts, scrap or junk, may deliver the certificate
				  of title to Service Oklahoma, accompanied by an Affidavit for Cancellation of
				  Oklahoma Title (SOk Form 701-8). Upon verification that any perfected lien
				  against the vehicle has been released and the registration is current, the
				  certificate of title shall be cancelled. There is no charge to the vehicle
				  owner for this cancellation. If unable to cancel the title, an explanation will
				  be returned to the submitting owner.
(d)
Subsequent transfer of ownership of
				  vehicle for which title has been cancelled.
Once a title is cancelled,
				  no subsequent title or registration may be issued. Any subsequent transfers of
				  ownership will be done so on a certificate of ownership (SOk Form 766). The
				  format of this certificate is prescribed by Service Oklahoma and furnished to
				  all Service Oklahoma locations. Any form which contains all the information
				  listed on the Service Oklahoma form will be acceptable.
(e)
Inspection for absence of vehicle
				  identification number.
If there is no public VIN on the vehicle, it
				  shall be inspected by a law enforcement officer to verify the absence of the
				  number and the corresponding statement shall be signed by the officer on the
				  certificate of ownership.
(f)
Transfer of ownership for vehicles over ten model years old, or vehicles
				  being sold to a scrap metal dealer, for which title is lost, cancelled or not
				  available.
Any vehicle over ten model years old which is not roadworthy
				  and not capable of repair for operation or use on the roads and highways, or a
				  vehicle which is being sold to a scrap metal dealer pursuant to 2 O.S. §
				  11-92, and on which the certificate of title has been lost, cancelled or
				  otherwise not available, shall also transfer ownership by use of the
				  certificate of ownership. The scrap metal dealer shall not provide payment for
				  the vehicle until the certificate of ownership has been submitted to Service
				  Oklahoma or a licensed operator, and the vehicle is determined not to be
				  stolen. Use of this transfer of ownership form will result in cancellation of
				  the Oklahoma title, if it has not already been done. Unless being sold to a
				  scrap metal dealer as referenced above, if the vehicle is ten (10) model years
				  or newer, a certificate of ownership may not be utilized unless the title has
				  previously been cancelled.
(g)
Procedure for transfers by use of certificate of ownership.
This
				  certificate of ownership will be a three part form. The buyer and seller shall
				  each retain a copy and within thirty (30) days of the transaction, the seller
				  shall submit one copy to Service Oklahoma or a licensed operator with the
				  applicable fee. All requests for ownership transfer via certificate of
				  ownership must be reviewed and approved by Service Oklahoma before processing.
				  Service Oklahoma shall review the documentation and vehicle record to ensure
				  the owner of record has submitted a properly completed certificate on an
				  eligible vehicle. The record will be checked against NCIC files for the
				  presence of a stolen vehicle record. If a stolen vehicle report is on file, the
				  appropriate law enforcement agency will be contacted and the transaction will
				  remain on hold, pending that agency's response. If an active lien is on file
				  and the transaction is approved, the lienholder will be notified of the
				  certificate of ownership transfer. If the transaction is not approved, an
				  explanation will be returned to the submitting buyer and seller.