Maddy summaryThis bill updates Oklahoma's Unclaimed Property Act to modernize how the State Treasurer handles abandoned property and claims. It allows for electronic communication and records, clarifies rules for finding wills or trusts in safe-deposit boxes, and sets higher value thresholds before requiring additional documentation from claimants. The legislation also introduces new requirements for designated representatives and buyers to use specific state-approved forms to file claims or purchase property, while protecting the State Treasurer from liability when distributing funds in good faith.
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Maddy summaryThis Oklahoma bill establishes two new judicial offices, one in District No. 7 and another in District No. 14, to serve as business court judges. It also creates a Task Force for the Study of Business Courts, comprised of eleven members appointed by state officials, to analyze the feasibility and structure of a statewide business court system. The task force is required to study existing court structures, examine models from other states, and submit detailed reports by January 2025 and 2026 regarding judge qualifications, case jurisdiction, and procedural rules. The bill includes provisions for staff assistance, travel reimbursement for non-legislator members, and sets a termination date for the task force in January 2026.
Maddy summaryThis bill updates Oklahoma laws regarding penalties for entering commercial businesses without permission. It specifically targets individuals who enter areas of a business commonly reserved for staff or clearly marked with "No Trespassing" signs. A first-time violation is classified as a misdemeanor punishable by up to one year in jail, a fine of up to $500, or both. However, a second or subsequent offense for the same type of entry is elevated to a felony, carrying a potential sentence of up to two years in state prison or a fine of up to $1,000. The changes take effect on November 1, 2024.