Oklahoma City, OK asked in Tax Law and Traffic Tickets for Oklahoma

Q: If a company is suspended by the tax commission, can they still do business legally?

It was a tow company that impounded my vehicle due to a traffic stop and me not having proper updated tags; which I also hear that insurance is voluntary unless you’re operating a commercial vehicle. The tow company is currently suspended via the tax commission on the Secretary of State website.

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1 Lawyer Answer
Charles Watts
Charles Watts
  • Tax Law Lawyer
  • Licensed in Oklahoma

A: First - insurance is not voluntary, hence the reason it is called compulsory insurance. There is a minimum amount required by law.

As far as the tow company is concerned, you need to actually verify they are suspended and not merely on a website which may or may not be updated. They could be suspended but have a probationary letter authorizing business. Further they could have started a new business and be operating a new name but has yet to change all the decals on trucks or impound tickets. Obviously there are a lot of factors involved so you should probably contact an attorney for further evaluation of your specific case.

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