Board of Directors Meeting
Minutes for January 25, 2007

Members present:

Danita Francis
Tracy Row
Catherine L. Blakley
Mary Ann Nelson
Laura Dishman
Ken McDowell
Randy Dittmann
Chaney Haynes
Todd Humphrey

Members absent:

Lisa Sparks

Staff present: Jerry Hemry
Kay Bibens

Guests present: Patrick Malone
Barry Schmulbach
Mark Bilbrey

Welcome: Danita welcomed the members and guests, and the meeting was called to order at 1:30 p.m.

Minutes: The minutes were presented.

  Motion: Approve minutes as presented.
Discussion: None
Vote: Passed

Past President's Report: No report.

Vice President's Report: See Attachment below.

Treasurer's Report: the Treasurer's report was presented.

  Motion: Approve report as presented
Discussion: None
Vote: Passed

General Counsel's Report:
— Jerry confirmed to the board that the Inhofe/Kirkpatrick case has been settled.
— Jerry gave an update to the board on current house bills that may be of interest to the association.

Executive Director's Report:
— Kay is planning on sending out registration forms today for the Owners/Managers Meeting.
— Kay reported they are working on the registration forms for the annual convention.
— They are also working with Donna on the History Book orders.

Committee Reports:
→ Education: See Attachment below.


Public Relations/Membership: No report.

Legislative
— Mark gave an update to the board on legislation filed this session.
— Mark led discussion on the committee to be appointed by the State Auditor's Office.

Research — No report.

President's Report:
—Representatives from OLTA and ALTA met with the Insurance Department staff to discuss mortgage impairment products.
—The Oklahoma County Clerk's office is putting together a committee called OK PREP to discuss issues related to real property. The next meeting will be held on February 16th at 2 p.m. at Capitol Abstract.
—The Staff Relations Committee met on Monday and reviewed resumes for the Executive Director's position.
—There will not be a board meeting in February.

Old Business: No report.

New Business:
—Catherine suggested forming a committee to aid the incoming President in the selection of committee persons and other duties.
—There will be upcoming fundraisers for Jari Askins over the next couple of months.

Adjournment: Meeting adjourned at 3:21 p.m.

Respectfully submitted,

Laura Dishman, OLTA Secretary

ATTACHMENT

Vice-President's Report:

  —Catherine discussed the agenda for the Owners/
Managers meeting scheduled for 1:00 pm to 5:30 pm on Monday, February 19 at the Oklahoma History Center.
—The theme for the Summer Meeting (July 6 & 7 at Quartz Mountain Lodge) will be "Our Land is Grand". The committee has lots of fun activities planned.

Education Committee:

  —47 attended the Basic Abstractor's School held on January 17 and 18. 37 took the test with 34 passing. The State Auditor and Inspector sent their 4 new employees, all of which took the test and passed.
—The two CE courses (one 4-hour and one 3-hour) to be held on February 13 at OSU/OKC will be taped.
—There will be a 1-hour ethics CE class on Friday morning at the Annual Convention and a 4-hour CE class on Friday afternoon. Both will be taped.
—There will be 2 hours of CE offered at the Summer Meeting in July.