Board of Directors Meeting
Minutes for September 28, 2006

Members present:

Danita Francis
Tracy Row
Catherine L. Blakley
Mary Ann Nelson
Laura Dishman
Ken McDowell
Lisa Sparks
Randy Dittman

Members absent:

Todd Humphrey
Chaney Haynes

Staff present: Jerry Hemry
Jan Loftis
Clayton Taylor

Guests present: Sue Bailey
Owen L. Harper
John Row
Beverly Jones

Welcome: Danita welcomed the members and guests, and the meeting was called to order at 1:09 pm.

Minutes: The minutes were presented.

  Motion: Approve minutes as presented
Made by: Ken McDowell
Second by: Tracy Row
Discussion: None
Vote: Passed

Past President's Report: None

Vice President's Report:
—Catherine asked the board to discuss/review the amendments made to the by-laws regarding the election process for the positions of President, Vice-President and Treasurer.

—Catherine asked that Clayton give an abbreviated version of today's Legislative Training at the Owners/Managers Meeting in February.

—Catherine and Danita are nearing completion of the member visits.

Treasurer's Report: The Treasurer's report was presented.
  Motion: Approve report as presented
Made by: Tracy Row
Second by: Catherine Blakley
Discussion: Surety Title & Abstract put their application on hold.
Vote: Passed

  — Grant County Abstract Company has made application for membership.
Motion: Approve application for membership for Grant County Abstract
Made by: Ken McDowell
Second by: Randy Dittmann
Discussion: None
Vote: Passed

General Counsel's Report: None

Executive Director's Report:
—The Title Gram was sent out in print version for the last time. It was also sent out electronically.
—The Convention Committee has held their first meeting.
—Glenda Mittasch is now handling the accounting for Okie TiPAC.

Committee Reports:

→ Education
The CE class on October 18th to be held in Tulsa has been approved by the OBA/Insurance Department. The education committee is working on putting together CE courses for the convention in April.
— Catherine mentioned the NAIC Reciprocity provision which might be helpful to the underwriters.

Public Relations/Membership
— The History Book is progressing as the deadline approaches. Donna, Sue and rest of the committee will work on gathering the remainder of the information needed to complete the book. The Media Kit will be available at the annual convention.

Legislative
—Clayton mentioned there is a pending request from Rep. Kris Steele from Shawnee for a study to be conducted on whether or not abstracts are needed in Oklahoma.

Research — None

President's Report:
—The Regional Meetings have been completed and were felt to be successful.
—Planning is under way for the '07 Convention.
—Danita attended the MO convention.
—Danita would like our association to decide on a memorial for Mike Willie (President-Elect for ALTA).
Motion: Donate up to $500 to the Mike Willie Memorial Fund.
Made by: Ken McDowell
Second by: Tracy Row
Discussion: Pending advisement from Mark Bilbrey.
Vote: Passed

Old Business: None

New Business: Bill Langley sent an e-mail out regarding the agreement Arvest Bank has with Radian Group to insure second mortgages. Rich Carlson is meeting with the Insurance Commissioner and ALTA next week.

Adjournment: Meeting adjourned at 2:17 p.m.

Respectfully submitted,

Laura Dishman, OLTA Secretary