Oklahoma 2026 Regular Session Status: Passed House 2 R cosponsors

HB 4236 — Receivership; creating the Uniform Commercial Receivership Act; property interests; receivers; security; sanctions; reports; effective date.

Last action — Placed on General Order

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced February 02, 2026. It now moves to the second chamber.

Signed by Governor Kevin Stitt (Republican) on March 24, 2026.

Next likely step: consideration and a floor vote in the Senate.

Prognosis

Advancing 50% · moderate confidence

Where this bill stands today.

Odds of enactment

Moderate

How often bills like it became law.

  • Passed House

    Current position in the legislative process.

  • 2 sponsors

    2 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 R).

  • Cleared a recorded vote

    Passed 4 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

322 added · 361 removed

Plain-language change summary

The latest version of HB 4236 includes several key changes related to the responsibilities and authority of receivers in legal proceedings. Notably, the updated bill specifies that a receiver can submit certain information before their appointment, ensuring a more transparent process. Additionally, it clarifies that receivers have the same status as a lien on any property acquired during the receivership. These changes are important because they aim to create a clearer, fairer framework for how receivers operate, potentially making it easier for courts to manage property and uphold the rights of all parties involved.

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Previous
Latest
HOUSE OF REPRESENTATIVES - FLOOR VERSION STATE OF OKLAHOMA 2nd Session of the 60th Legislature (2026) COMMITTEE SUBSTITUTE FOR HOUSE BILL NO.
ENGROSSED HOUSE BILL NO.
Kannady 7 COMMITTEE SUBSTITUTE An Act relating to receivership;
Kannady of the House and Howard of the Senate 5 An Act relating to receivership;
authorizing receiver to engage HB4236 HFLR Page 1 BOLD FACE denotes Committee Amendments.
authorizing receiver to engage professional services to perform receiver duties;
professional services to perform receiver duties;
permitting use or transfer of receivership property not in the ordinary course of business with court approval;
permitting use or transfer of receivership property not in the ordinary course of ENGR.
H.
B.
NO.
4236 Page 1 business with court approval;
prohibiting receiver from rejected an unexpired lease of real property under certain circumstances;
prohibiting receiver from rejecting an unexpired lease of real property under certain circumstances;
HB4236 HFLR Page 2 BOLD FACE denotes Committee Amendments.
SECTION 2.
ENGR.
H.
B.
NO.
4236 Page 2 SECTION 2.
HB4236 HFLR Page 3 BOLD FACE denotes Committee Amendments.
(1) another person that directly or indirectly controls, is controlled by, or is under common control with the person, ENGR.
(1) another person that directly or indirectly controls, is controlled by, or is under common control with the person, (2) an officer, director, manager, member, partner, employee, or trustee or other fiduciary of the person, or (3) a companion of, or an individual occupying the residence of, an individual described in divisions (1) and (2) of this subparagraph;
H.
B.
NO.
4236 Page 3 (2) an officer, director, manager, member, partner, employee, or trustee or other fiduciary of the person, or (3) a companion of, or an individual occupying the residence of, an individual described in divisions (1) and (2) of this subparagraph;
"Executory contract" means a contract, including a lease, under which each party has an unperformed obligation and the failure HB4236 HFLR Page 4 BOLD FACE denotes Committee Amendments.
"Executory contract" means a contract, including a lease, under which each party has an unperformed obligation and the failure of a party to complete performance would constitute a material breach;
of a party to complete performance would constitute a material breach;
ENGR.
7.
H.
B.
NO.
4236 Page 4 7.
HB4236 HFLR Page 5 BOLD FACE denotes Committee Amendments.
whatever is acquired on the sale, lease, license, exchange, or other disposition of receivership property, b.
whatever is acquired on the sale, lease, license, exchange, or other disposition of receivership property, ENGR.
H.
B.
NO.
4236 Page 5 b.
"Receiver" means a person appointed by the court as the court's agent, and subject to the court's direction, to take possession of, manage, and, if authorized by this act or court HB4236 HFLR Page 6 BOLD FACE denotes Committee Amendments.
"Receiver" means a person appointed by the court as the court's agent, and subject to the court's direction, to take possession of, manage, and, if authorized by this act or court order, transfer, sell, lease, license, exchange, collect, or otherwise dispose of receivership property;
order, transfer, sell, lease, license, exchange, collect, or otherwise dispose of receivership property;
18.
ENGR.
H.
B.
NO.
4236 Page 6 18.
Show all 199 changed rows (159 more)
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Latest
sums payable to a mortgagor for payment or reimbursement of expenses incurred in owning, HB4236 HFLR Page 7 BOLD FACE denotes Committee Amendments.
sums payable to a mortgagor for payment or reimbursement of expenses incurred in owning, operating, and maintaining real property or constructing or installing improvements on real property, or ENGR.
operating, and maintaining real property or constructing or installing improvements on real property, or f.
H.
B.
NO.
4236 Page 7 f.
HB4236 HFLR Page 8 BOLD FACE denotes Committee Amendments.
Except as otherwise provided in subsection B of this section, the court may issue an order under this act only after notice and opportunity for a hearing appropriate in the circumstances.
Except as otherwise provided in subsection B of this section, the court may issue an order under this act only after ENGR.
H.
NO.
4236 Page 8 notice and opportunity for a hearing appropriate in the circumstances.
B.
HB4236 HFLR Page 9 BOLD FACE denotes Committee Amendments.
The interest is used for agricultural, commercial, industrial, or mineral-extraction purposes, other than incidental uses by an owner occupying the property as the owner's primary residence;
The interest is used for agricultural, commercial, industrial, or mineral-extraction purposes, other than incidental ENGR.
H.
B.
NO.
4236 Page 9 uses by an owner occupying the property as the owner's primary residence;
HB4236 HFLR Page 10 BOLD FACE denotes Committee Amendments.
ENGR.
SECTION 5.
H.
B.
NO.
4236 Page 10 SECTION 5.
HB4236 HFLR Page 11 BOLD FACE denotes Committee Amendments.
ENGR.
3.
H.
B.
NO.
4236 Page 11 3.
The court may condition appointment of a receiver without prior notice under paragraph 1 of subsection B of Section 3 of this act or without a prior hearing under paragraph 2 of subsection B of Section 3 of this act on the giving of security by the person HB4236 HFLR Page 12 BOLD FACE denotes Committee Amendments.
The court may condition appointment of a receiver without prior notice under paragraph 1 of subsection B of Section 3 of this act or without a prior hearing under paragraph 2 of subsection B of Section 3 of this act on the giving of security by the person ENGR.
seeking the appointment for the payment of damages, reasonable attorney fees, and costs incurred or suffered by any person if the court later concludes that the appointment was not justified.
H.
B.
NO.
4236 Page 12 seeking the appointment for the payment of damages, reasonable attorney fees, and costs incurred or suffered by any person if the court later concludes that the appointment was not justified.
A person shall not disqualified from appointment as receiver solely because the person:
A person shall not be disqualified from appointment as receiver solely because the person:
HB4236 HFLR Page 13 BOLD FACE denotes Committee Amendments.
ENGR.
1.
H.
B.
NO.
4236 Page 13 1.
The court may approve the posting by a receiver with the court of alternative security such as a letter of credit or deposit HB4236 HFLR Page 14 BOLD FACE denotes Committee Amendments.
The court may approve the posting by a receiver with the court of alternative security such as a letter of credit or deposit ENGR.
of funds.
H.
B.
NO.
4236 Page 14 of funds.
Except as otherwise provided by law, property that a receiver or owner acquires after appointment of the receiver shall be subject to HB4236 HFLR Page 15 BOLD FACE denotes Committee Amendments.
Except as otherwise provided by law, property that a receiver or owner acquires after appointment of the receiver shall be subject to ENGR.
a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver.
H.
B.
NO.
4236 Page 15 a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver.
Unless a bona fide dispute exists about a receiver's right to possession, custody, or control of receivership property, the HB4236 HFLR Page 16 BOLD FACE denotes Committee Amendments.
Unless a bona fide dispute exists about a receiver's right to possession, custody, or control of receivership property, the ENGR.
court may sanction as civil contempt a person's failure to turn the property over when required by this section.
H.
B.
NO.
4236 Page 16 court may sanction as civil contempt a person's failure to turn the property over when required by this section.
On subpoena, compel a person to submit to examination under oath, or to produce and permit inspection and copying of designated HB4236 HFLR Page 17 BOLD FACE denotes Committee Amendments.
On subpoena, compel a person to submit to examination under oath, or to produce and permit inspection and copying of designated ENGR.
records or tangible things, with respect to receivership property or any other matter that may affect administration of the receivership;
H.
B.
NO.
4236 Page 17 records or tangible things, with respect to receivership property or any other matter that may affect administration of the receivership;
HB4236 HFLR Page 18 BOLD FACE denotes Committee Amendments.
ENGR.
1.
H.
B.
NO.
4236 Page 18 1.
HB4236 HFLR Page 19 BOLD FACE denotes Committee Amendments.
ENGR.
2.
H.
B.
NO.
4236 Page 19 2.
Perform any duty imposed by court order, this act, or other law of this state.
Perform any duty imposed by court order, this act, or other laws of this state.
HB4236 HFLR Page 20 BOLD FACE denotes Committee Amendments.
ENGR.
SECTION 14.
H.
B.
NO.
4236 Page 20 SECTION 14.
HB4236 HFLR Page 21 BOLD FACE denotes Committee Amendments.
ENGR.
1.
H.
B.
NO.
4236 Page 21 1.
HB4236 HFLR Page 22 BOLD FACE denotes Committee Amendments.
ENGR.
1.
H.
B.
NO.
4236 Page 22 1.
A receiver or professional engaged under subsection A of this section shall file with the court an itemized statement of the time spent, work performed, and billing rate of each person that HB4236 HFLR Page 23 BOLD FACE denotes Committee Amendments.
A receiver or professional engaged under subsection A of this section shall file with the court an itemized statement of the time spent, work performed, and billing rate of each person that ENGR.
performed the work and an itemized list of expenses.
H.
B.
NO.
4236 Page 23 performed the work and an itemized list of expenses.
A creditor holding a valid HB4236 HFLR Page 24 BOLD FACE denotes Committee Amendments.
A creditor holding a valid ENGR.
lien on the property to be transferred may purchase the property and offset against the purchase price part or all of the allowed amount secured by the lien, if the creditor tenders funds sufficient to satisfy in full the reasonable expenses of transfer and the obligation secured by any senior lien extinguished by the transfer.
H.
B.
NO.
4236 Page 24 lien on the property to be transferred may purchase the property and offset against the purchase price part or all of the allowed amount secured by the lien, if the creditor tenders funds sufficient to satisfy in full the reasonable expenses of transfer and the obligation secured by any senior lien extinguished by the transfer.
The court may condition the receiver's adoption and continued HB4236 HFLR Page 25 BOLD FACE denotes Committee Amendments.
The court may condition the receiver's adoption and continued ENGR.
performance of the contract on terms appropriate under the circumstances.
H.
B.
NO.
4236 Page 25 performance of the contract on terms appropriate under the circumstances.
If at the time a receiver is appointed, the owner has the right to assign an executory contract relating to receivership HB4236 HFLR Page 26 BOLD FACE denotes Committee Amendments.
If at the time a receiver is appointed, the owner has the right to assign an executory contract relating to receivership ENGR.
property under other laws of this state, the receiver may assign the contract with court approval.
H.
B.
NO.
4236 Page 26 property under other laws of this state, the receiver may assign the contract with court approval.
HB4236 HFLR Page 27 BOLD FACE denotes Committee Amendments.
ENGR.
a.
H.
B.
NO.
4236 Page 27 a.
HB4236 HFLR Page 28 BOLD FACE denotes Committee Amendments.
ENGR.
SECTION 19.
H.
B.
NO.
4236 Page 28 SECTION 19.
HB4236 HFLR Page 29 BOLD FACE denotes Committee Amendments.
ENGR.
H.
NO.
4236 Page 29 B.
The court HB4236 HFLR Page 30 BOLD FACE denotes Committee Amendments.
The court ENGR.
shall allow or disallow the claim according to the laws of this state.
H.
B.
NO.
4236 Page 30 shall allow or disallow the claim according to the laws of this state.
HB4236 HFLR Page 31 BOLD FACE denotes Committee Amendments.
ENGR.
H.
NO.
4236 Page 31 B.
The court may discharge a receiver and terminate the court's administration of the receivership property if the court finds that appointment of the receiver was improvident or that the HB4236 HFLR Page 32 BOLD FACE denotes Committee Amendments.
The court may discharge a receiver and terminate the court's administration of the receivership property if the court finds that appointment of the receiver was improvident or that the ENGR.
circumstances no longer warrant continuation of the receivership.
H.
B.
NO.
4236 Page 32 circumstances no longer warrant continuation of the receivership.
HB4236 HFLR Page 33 BOLD FACE denotes Committee Amendments.
ENGR.
6.
H.
B.
NO.
4236 Page 33 6.
HB4236 HFLR Page 34 BOLD FACE denotes Committee Amendments.
ENGR.
SECTION 25.
H.
B.
NO.
4236 Page 34 SECTION 25.
If a receiver sells receivership property that pursuant to subsection C of Section 16 of this act which is free and clear of a lien, the ability of a creditor to enforce an obligation that had HB4236 HFLR Page 35 BOLD FACE denotes Committee Amendments.
If a receiver sells receivership property that pursuant to subsection C of Section 16 of this act which is free and clear of a lien, the ability of a creditor to enforce an obligation that had ENGR.
been secured by the lien shall be subject to laws of this state relating to a deficiency judgment.
H.
B.
NO.
4236 Page 35 been secured by the lien shall be subject to laws of this state relating to a deficiency judgment.
HB4236 HFLR Page 36 BOLD FACE denotes Committee Amendments.
3 COMMITTEE REPORT BY:
ENGR.
COMMITTEE ON JUDICIARY AND PUBLIC SAFETY OVERSIGHT, dated 02/26/2026 - DO PASS, As Amended.
H.
5 7 9 HB4236 HFLR Page 37 BOLD FACE denotes Committee Amendments.
B.
NO.
4236 Page 36 Passed the House of Representatives the 23rd day of March, 2026.
3 Presiding Officer of the House of Representatives 6 Passed the Senate the ___ day of __________, 2026.
8 Presiding Officer of the Senate ENGR.
H.
B.
NO.
4236 Page 37
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Action History

  1. Placed on General Order

  2. Reported Do Pass Judiciary committee; CR filed

  3. Second Reading referred to Judiciary

  4. First Reading

  5. Engrossed, signed, to Senate

  6. Referred for engrossment

  7. Third Reading, Measure passed: Ayes: 90 Nays: 5

  8. Authored by Senator Howard (principal Senate author)

  9. General Order

  10. CR; Do Pass, amended by committee substitute Judiciary and Public Safety Oversight Committee

  11. Policy recommendation to the Judiciary and Public Safety Oversight committee; Do Pass, amended by committee substitute Civil Judiciary

  12. Referred to Civil Judiciary

  13. Referred to Judiciary and Public Safety Oversight

  14. Withdrawn from Rules Committee

  15. Second Reading referred to Rules

  16. Authored by Representative Kannady

  17. First Reading

Sponsors

Sponsorship breakdown

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2 sponsors · 0 co-sponsors · 149 not signed on · 5 voted No

Sponsors (2)

Co-sponsors (0)

None.

Not signed on (149)

149 members have not signed on to this bill.

Show all 149 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third Reading

Passed 90 Yea · 5 Nay · 4 Other
Party YeaNayPresentNot Voting
Republican 70504
Unaffiliated 3001
Democrat 17000
Total 90505
% of votes cast 90%5%0%5%
How each member voted (100)
Member Party Vote
Alonso-Sandoval — Yea
Mr. Speaker — Yea
VACANCY: — Not Voting
Crosswhite Hader — Yea
Aletia Timmons Democrat Yea
Amanda Clinton Democrat Yea
Andy Fugate Democrat Yea
Annie Menz Democrat Yea
Cyndi Munson Democrat Yea
Ellen Pogemiller Democrat Yea
Ellyn Hefner Democrat Yea
Jacob Rosecrants Democrat Yea
Jared Deck Democrat Yea
John Waldron Democrat Yea
Melissa Provenzano Democrat Yea
Meloyde Blancett Democrat Yea
Michelle McCane Democrat Yea
Mickey Dollens Democrat Yea
Ronald Stewart Democrat Yea
Suzanne Schreiber Democrat Yea
Trish Ranson Democrat Yea
Anthony Moore Republican Yea
Bob Ed Culver Republican Yea
Brad Boles Republican Yea
Brian Hill Republican Yea
Carl Newton Republican Yea
Chad Caldwell Republican Yea
Chris Banning Republican Yea
Chris Kannady Republican Yea
Chris Sneed Republican Yea
Clay Staires Republican Yea
Cody Maynard Republican Yea
Collin Duel Republican Yea
Cynthia Roe Republican Yea
Daniel Pae Republican Yea
Danny Sterling Republican Yea
Danny Williams Republican Yea
David Hardin Republican Yea
David Smith Republican Nay
Dell Kerbs Republican Yea
Derrick Hildebrant Republican Yea
Dick Lowe Republican Yea
Dillon Travis Republican Yea
Eddy Dempsey Republican Yea
Emily Gise Republican Yea
Eric Roberts Republican Yea
Erick Harris Republican Yea
Gabe Woolley Republican Yea
Gerrid Kendrix Republican Yea
Jason Blair Republican Yea
Jay Steagall Republican Yea
Jim Grego Republican Yea
Jim Olsen Republican Yea
Jim Shaw Republican Nay
John George Republican Yea
John Kane Republican Yea
John Pfeiffer Republican Yea
Jonathan Wilk Republican Yea
Josh Cantrell Republican Yea
Josh West Republican Yea
Judd Strom Republican Yea
Justin Humphrey Republican Not Voting
Ken Luttrell Republican Yea
Kenton Patzkowsky Republican Yea
Kevin Norwood Republican Yea
Kevin West Republican Yea
Marilyn Stark Republican Yea
Mark Chapman Republican Yea
Mark Lawson Republican Not Voting
Mark Lepak Republican Yea
Mark Tedford Republican Yea
Max Wolfley Republican Yea
Mike Dobrinski Republican Yea
Mike Kelley Republican Yea
Mike Lay Republican Yea
Mike Osburn Republican Yea
Molly Jenkins Republican Nay
Neil Hays Republican Yea
Nick Archer Republican Yea
Nicole Miller Republican Yea
Preston Stinson Republican Yea
Rande Worthen Republican Yea
Rick West Republican Nay
Rob Hall Republican Yea
Robert Manger Republican Yea
Ronny Johns Republican Yea
Ross Ford Republican Yea
Rusty Cornwell Republican Yea
Ryan Eaves Republican Not Voting
Scott Fetgatter Republican Not Voting
Stacy Jo Adams Republican Yea
Stan May Republican Yea
Steve Bashore Republican Yea
T.J. Marti Republican Yea
Tammy Townley Republican Yea
Tammy West Republican Yea
Tim Turner Republican Yea
Tom Gann Republican Nay
Toni Hasenbeck Republican Yea
Trey Caldwell Republican Yea

Official roll call →

Judiciary And Public Safety Oversight Committee: Do Pass As Amended By Cs

Passed 12 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 10000
Democrat 2000
Total 12000
% of votes cast 100%0%0%0%
How each member voted (12)
Member Party Vote
Jacob Rosecrants Democrat Yea
Suzanne Schreiber Democrat Yea
Bob Ed Culver Republican Yea
Collin Duel Republican Yea
Danny Sterling Republican Yea
David Hardin Republican Yea
Jack Stewart Republican Yea
John Kane Republican Yea
Justin Humphrey Republican Yea
Rande Worthen Republican Yea
Robert Manger Republican Yea
Ross Ford Republican Yea

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 4236?
HB 4236 is sponsored by Chris Kannady (Republican) and Brent Howard (Republican).
What is the current status of HB 4236?
This bill has passed the House. Introduced February 02, 2026. It now moves to the second chamber.
Where can I track HB 4236?
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