Okla. Stat. tit. 12, § 12-757

Inventory for want of bidders.

A. 1. No goods or chattels levied upon by an officer pursuant

to an execution issued by a court of record shall be sold unless the

party causing the execution to be issued:

a. causes a written notice of sale executed by the

sheriff describing the goods or chattels subject to

sale and stating the date, time, and place where the

sale shall occur and, if the sale is to utilize an

online auction marketplace, stating the sale will be

conducted through an online auction marketplace, the

Internet address where bids may be entered, the date

of the sale, and the time when bidding is scheduled to

be open, to be mailed, by first-class mail, postage

prepaid, to the judgment debtor, any holder of record

of an interest in the property, and all other persons

of whom the party causing the execution to be issued

has notice who claim a lien or any interest in the

goods or chattels, at least ten (10) days prior to the

date of the sale, if the names and actual addresses of

such persons are known,

b. causes public notice to be given of the date, time and

place of sale, for at least ten (10) days before the

day of sale. The notice shall be executed by the

sheriff and shall state the name of any person having

an interest in the property whose actual address is

unknown, and shall designate the person or persons

whose unknown successors are being notified. The

notice shall be given by advertisement, published in

some newspaper published in the county, or, in case no

newspaper is published therein, by setting up

advertisements in five public places in the county.

Two advertisements shall be put up in the township

where the sale is to be held, and

c. files in the case an affidavit of proof of mailing and

of publication or posting.

Oklahoma Statutes - Title 12. Civil Procedure Page 149

2. A written notice of sale executed prior to November 1, 1987,

by the party causing the execution to be issued but otherwise

conforming to the provisions of this section shall, for all

purposes, be deemed valid.

B. 1. If a purchaser other than the party causing the

execution to be issued, when required by the sheriff, fails to post

cash or certified funds equal to ten percent (10%) of the amount bid

for the property within twenty-four (24) hours of the sale,

excluding Sundays and legal holidays, or otherwise fails to complete

the sale, the sheriff may proceed with the sale and may accept the

next highest bid.

2. When goods and chattels levied upon cannot be sold for want

of bidders, the officer making such return shall affix a true and

correct inventory of such goods and chattels to the execution, and

the party causing such execution to be issued may thereupon sue out

another writ of execution, directing the sale of the property levied

upon as provided for in this section.

C. The sheriff may determine whether the sale provided for in

this section shall utilize an online auction marketplace. All sales

of goods and chattels conducted by a sheriff utilizing an online

auction marketplace shall be conducted in accordance with the

provisions of Section 4 of this act.

R.L. 1910, § 5159. Amended by Laws 1986, c. 227, § 2, eff. Nov. 1,

1986; Laws 1987, c. 189, § 1, operative Nov. 1, 1987; Laws 2022, c.

326, § 1, emerg. eff. May 25, 2022; Laws 2025, c. 413, § 1, emerg.

eff. May 28, 2025.