Oklahoma Administrative Code Title 465 - Oklahoma Motor Vehicle Commission
1. Purpose and Authority of Title 465 – Oklahoma Motor Vehicle Commission
The Oklahoma Motor Vehicle Commission (OMVC) regulates the motor vehicle industry in Oklahoma, including dealers, salespeople, manufacturers, and related entities. The rules in Title 465 exist to:
Ensure ethical business practices in vehicle sales and services
Protect consumers from fraud or unsafe practices
Regulate licensing, training, and operation of dealers and sales personnel
Establish standards for vehicle titling, registration, and transactions
The OMVC derives authority from state law (Title 47 of the Oklahoma Statutes) and implements administrative rules through the OAC.
2. Organization of Title 465
OAC Title 465 is divided into chapters, each covering specific topics:
General Provisions and Definitions
Licensing of Dealers, Salespersons, and Manufacturers
Dealer and Salesperson Conduct
Vehicle Sales and Transactions
Consumer Protection and Complaints
Financial Responsibility and Surety Requirements
Recordkeeping and Reporting
Inspections, Investigations, and Compliance
Disciplinary Actions and Penalties
3. General Provisions and Definitions
This section establishes:
Definitions of terms such as “dealer,” “salesperson,” “manufacturer,” “franchise,” and “commission.”
Authority of the Motor Vehicle Commission to regulate licensing, enforce rules, and conduct investigations.
Procedures for rulemaking and public notification.
It ensures that everyone subject to the rules knows the scope of authority and responsibilities.
4. Licensing Requirements
A. Dealer Licensing
To operate legally, a vehicle dealer must:
Apply for a dealer license with the OMVC
Maintain a permanent place of business that meets state standards
Provide proof of financial responsibility (e.g., surety bond or insurance)
Renew the license annually
B. Salesperson Licensing
Salespersons must:
Be employed by a licensed dealer
Complete required training
Obtain a salesperson license from the Commission
C. Manufacturer and Distributor Licensing
Manufacturers or distributors must:
Register with the OMVC
Comply with franchise agreements and reporting requirements
Ensure that authorized dealers comply with all rules
5. Dealer and Salesperson Conduct
Licensees must follow strict rules for ethical business practices:
Conduct all sales honestly and fairly
Provide full disclosure on vehicle history, warranties, and fees
Avoid deceptive advertising or misrepresentation
Follow state and federal vehicle laws, including odometer disclosure and lemon laws
Salespersons are also prohibited from:
Misusing customer information
Falsifying documents
Engaging in fraudulent transactions
6. Vehicle Sales and Transactions
Rules govern:
Title transfers and registration
Issuance of temporary tags or permits
Recordkeeping of sales, trade-ins, and financing agreements
Delivery of warranties and manuals to buyers
Dealers must ensure legal compliance for every vehicle transaction.
7. Consumer Protection and Complaints
The Commission enforces consumer protection laws, including:
Investigating complaints from buyers
Resolving disputes between consumers and dealers
Requiring corrective action for violations
Providing consumers with information about their rights under Oklahoma motor vehicle law
8. Financial Responsibility and Surety Requirements
Dealers and manufacturers must maintain:
Surety bonds to cover claims of fraud or misconduct
Insurance coverage for liability or damages
Compliance with financial reporting and record retention rules
This protects consumers and the public from financial harm.
9. Recordkeeping and Reporting
Dealers and salespersons must:
Maintain accurate records of all vehicle sales, leases, and trades
Submit reports to the OMVC as required
Retain records for the statutory minimum period
Provide documentation during inspections or audits
Accurate recordkeeping ensures transparency and regulatory compliance.
10. Inspections, Investigations, and Compliance
The Commission can:
Inspect dealership premises and business records
Investigate complaints or suspected violations
Require corrective action plans for noncompliance
Temporarily suspend or revoke licenses for serious violations
Licensees must cooperate fully with inspectors and investigators.
11. Disciplinary Actions and Penalties
Violations of Title 465 can result in:
Warnings or fines
License suspension or revocation
Legal action for fraud, misrepresentation, or unsafe practices
Discipline is designed to protect the public and maintain integrity in the motor vehicle industry.
12. Summary
OAC Title 465 – Oklahoma Motor Vehicle Commission establishes a comprehensive framework for:
Licensing and regulation of dealers, salespersons, and manufacturers
Ethical sales practices and consumer protection
Vehicle transactions, titles, and registrations
Financial responsibility and recordkeeping
Inspections, investigations, and enforcement
Following these rules ensures legal, safe, and fair operation of motor vehicle businesses in Oklahoma.
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