Oklahoma Senate Reviews Bill Related to Service Warranties

February 8, 2018

The Oklahoma Senate currently is a considering a bill that relates to “service warranties; amending [the sections of the law] which relate to definitions, audited financial statements, duration of suspension, annual statement filing and examinations of service warranty associations; modifying definitions; requiring certain financial statements to be audited and submitted to Insurance Commissioner under certain circumstances; updating statutory references; and providing an effective date.”

The bill, SB 1142, notes that “motor vehicle ancillary service” includes “the repair of chips or cracks in or the replacement of motor vehicle windshields as a result of damage caused by road hazards.”

The bill was introduced to the Oklahoma Senate on February 5.

Click here for the full text of the bill.

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