Okla. Stat. tit. 12, § 12-769
This is the official text of Okla. Stat. tit. 12, § 12-769, part of Oklahoma’s Stat. tit. 12, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12,." Browse the sections below, each linked to its official government source.
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Place of sale - Officers or appraisers not to purchase
Official statutory text
All sales of lands or tenements under execution shall be held at
the courthouse in the county in which the lands or tenements are
situated, unless some other place within the county is designated by
the judge having jurisdiction in the case; or by public auction
through the Internet or other electronic means, if notice of the
date, time, and place of the intended sale is provided as required
pursuant to Section 764 of this title. For a public auction held
through the Internet or other electronic means, place may include
the Internet website of an online auction marketplace selected by
the sheriff to host and conduct the sheriff's sale of such lands or
tenements. No sheriff or other officer making the sale of property,
either personal or real, nor any appraiser or online auction
marketplace, shall either directly or indirectly purchase the same;
and every purchase so made shall be considered fraudulent and void.
If the online auction marketplace is a corporation, limited
liability company, limited liability partnership, or partnership,
the foregoing restriction shall apply to any director, officer,
employee, managing member, or partner of such appraiser or online
auction marketplace.
R.L. 1910, § 5171. Amended by Laws 1965, c. 173, § 1, emerg. eff.
June 2, 1965; Laws 2022, c. 326, § 4, emerg. eff. May 25, 2022.
the courthouse in the county in which the lands or tenements are
situated, unless some other place within the county is designated by
the judge having jurisdiction in the case; or by public auction
through the Internet or other electronic means, if notice of the
date, time, and place of the intended sale is provided as required
pursuant to Section 764 of this title. For a public auction held
through the Internet or other electronic means, place may include
the Internet website of an online auction marketplace selected by
the sheriff to host and conduct the sheriff's sale of such lands or
tenements. No sheriff or other officer making the sale of property,
either personal or real, nor any appraiser or online auction
marketplace, shall either directly or indirectly purchase the same;
and every purchase so made shall be considered fraudulent and void.
If the online auction marketplace is a corporation, limited
liability company, limited liability partnership, or partnership,
the foregoing restriction shall apply to any director, officer,
employee, managing member, or partner of such appraiser or online
auction marketplace.
R.L. 1910, § 5171. Amended by Laws 1965, c. 173, § 1, emerg. eff.
June 2, 1965; Laws 2022, c. 326, § 4, emerg. eff. May 25, 2022.
Status: in_force · Read it on the official government site
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