On Apr. 29, OKL LEG passed a bill on service warranty exclusions.
OKL LEG passed Bill HB 3761 to amend Oklahoma StatutesOKL LEG 15-141.2 re Service warranty act, and exclude certain warranties from the service warranty terms.
Bill specifies that home service contracts and home warranties governed under OKL INS 36-6750 et seq., are expressly excluded from service warranty definition.
Legislative History
On Feb. 5, 2024, bill introduced in House; on Mar. 5, 2024, bill was passed in House.
On Mar. 6, 2024, bill delivered to Senate; on Apr. 24, 2024, bill was passed in Senate.
On Apr. 25, 2024, bill sent to governor; on Apr. 29, 2024, bill approved by governor.
Effectiveness
Act becomes effective as of Nov. 1, 2024.
Regulators
OKL LEG
Entity Types
Corp; Ins; MG Orig; Servicer
Reference
Bill HB3761, 4/29/2024; Citation: OKL LEG 15-141.2; OKL INS 36-6750;
