Bill > HB2527

This bill establishes the Oklahoma Mortgages Act of 2025, which is primarily a procedural bill that sets its own name and effective date. Specifically, the bill creates a new piece of legislation that will be known as the "Oklahoma Mortgages Act of 2025" and sets its effective date as November 1, 2025. The bill does not appear to modify any existing mortgage regulations or introduce substantive changes to current law; instead, it seems to be a legislative framework or placeholder for potential future mortgage-related regulations. The bill indicates that this new act will not be codified in the Oklahoma Statutes, which suggests it may be intended as a temporary or introductory piece of legislation. The bill follows standard legislative formatting, including an enacting clause that indicates it is being enacted by the people of the State of Oklahoma.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2527&Session=2600