Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
OKLAHOMA SENATE BILL 915
The Oklahoma legislature has enacted provisions related to online notarial acts, the recording of electronic documents, and the use of electronic signatures and seals, effective January 1, 2020.
A notary may certify that a paper or tangible copy of an electronic document is a true and correct copy of an electronic document if the notary public has:
A county clerk must record a paper or tangible copy of an electronic document (one that was created, generated, sent, communicated, received or stored by electronic means) provided that the paper or tangible copy has been certified by a notary public as a true and correct copy of the electronic document.
An Oklahoma notary public that has been appointed and commissioned as required by Oklahoma law may perform remote online notarization after registration with the secretary of state.
A notary public physically located in Oklahoma that is authorized to perform remote online notarizations may perform a notarial act by means of communication technology for a remotely located individual who is physically located:
A remote online notarization performed in accordance with the Oklahoma Remote Online Notary Act (“Act”) satisfies any requirement of law that a principal appear before, appear personally before, or be in the physical presence of a notary public at the time of the notarial act. The notary public’s verification of a principal’s identity under the provisions of the Act satisfies the requirement that the notary public obtain satisfactory evidence of the identity of the principal.
Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
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