Bill > HB1744

This bill amends an existing Oklahoma statute (16 O.S. 2021, Section 93) regarding how corporations can legally sign documents affecting real estate. Currently, the law allows certain corporate representatives like attorneys-in-fact, presidents, vice-presidents, board chairs, and vice-chairs to sign deeds and other real estate instruments. The bill expands this list to explicitly include chief executive officers (CEOs) and chief financial officers (CFOs) as authorized signatories. By adding these two specific executive roles, the legislation provides more flexibility for corporations in executing real estate documents. The bill will become effective on November 1, 2025, giving corporations advance notice of the change and time to adapt their document signing practices. The modification is relatively straightforward and aims to modernize the existing law by recognizing the standard corporate leadership roles that are commonly involved in real estate transactions.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1744&Session=2600