Oklahoma § 47-580.2 - Insurance coverage on vehicles on loan from authorized
Full text of Oklahoma Oklahoma Statutes § 47-580.2 — Insurance coverage on vehicles on loan from authorized, with citation guidance and answers to common questions.
§ 47-580.2. Insurance coverage on vehicles on loan from authorized
motor vehicle or powersports vehicle dealer.
During the time a person is operating a motor vehicle or
powersports vehicle with the express or implied permission of a new
motor vehicle or new powersports vehicle dealer, as defined in
Section 562 of this title, such person's motor vehicle liability
policy shall have primary coverage with the motor vehicle liability
policy of the dealer having secondary coverage until the vehicle is
returned. As used herein, "motor vehicle liability policy" means
motor vehicle insurance against legal liability for the death,
injury, or disability of any human being, or for damage to real or
personal property. The motor vehicle liability policy of any person
who has been loaned a motor vehicle or powersports vehicle by a
dealer pursuant to the terms of this section shall provide primary
coverage for any death or injury of any human being or for any real
or personal property damage, including damage to the loaned vehicle,
with the motor vehicle insurance policy of the dealer having
secondary coverage for any death or injury of any human being or for
any real or personal property damage, including damage to the loaned
Oklahoma Statutes - Title 47. Motor Vehicles
vehicle. The change in financial responsibility shall be evidenced
by a release signed by the person operating the vehicle with the
express or implied permission of the dealer with the release to be
returned to the person upon the return of the motor vehicle or
powersports vehicle to the dealer. The motor vehicle liability
policy of such person shall meet the minimum financial
responsibility requirements found in Section 7-324 of this title.
This section shall apply only to the loan of a motor vehicle or
powersports vehicle by a new motor vehicle or new powersports
vehicle dealer which occurs without financial remuneration in the
form of a fee or lease charge.
Added by Laws 1980, c. 167, § 1, eff. Oct. 1, 1980. Amended by Laws
2023, c. 29, § 18, eff. Nov. 1, 2023; Laws 2024, c. 240, § 18, eff.
Nov. 1, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 47-580.2
What does Oklahoma Statutes § 47-580.2 cover?
Section 47-580.2 ("Insurance coverage on vehicles on loan from authorized") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 47-580.2?
A common citation format is "Oklahoma Statutes § 47-580.2" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 47-580.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.