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Committee approves moving agricultural UCC filings from Secretary of State to Oklahoma County Clerk
Summary
The House Banking, Financial Services and Pensions Committee voted to pass Senate Bill 988, which transfers handling of agricultural UCC receipts from the Secretary of State's office to the Oklahoma County Clerk's office to consolidate records and improve timeliness for lenders and sale barns.
The House Banking, Financial Services and Pensions Committee voted to pass Senate Bill 988 on a voice vote after discussion by Floor Leader Pfeiffer and committee members.
Senate Bill 988 transfers agricultural Uniform Commercial Code (UCC) receipts from the Oklahoma Secretary of State's office to the Oklahoma County Clerk's office. Floor Leader Pfeiffer told the committee the language was…
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