Okla. Stat. tit. 12A, § 12A-2-705
This is the official text of Okla. Stat. tit. 12A, § 12A-2-705, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Seller's stoppage of delivery in transit or otherwise
Official statutory text
Seller's Stoppage of Delivery in Transit or Otherwise.
(1) The seller may stop delivery of goods in the possession of
a carrier or other bailee when he discovers the buyer to be
insolvent (Section 2-702) and may stop delivery of carload,
truckload, planeload or larger shipments of express or freight when
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 223
the buyer repudiates or fails to make a payment due before delivery
or if for any other reason the seller has a right to withhold or
reclaim the goods.
(2) As against such buyer the seller may stop delivery until
(a) receipt of the goods by the buyer; or
(b) acknowledgement to the buyer by any bailee of the goods
except a carrier that the bailee holds the goods for the buyer; or
(c) such acknowledgment to the buyer by a carrier by reshipment
or as a warehouse; or
(d) negotiation to the buyer of any negotiable document of
title covering the goods.
(3) (a) To stop delivery the seller must so notify as to enable
the bailee by reasonable diligence to prevent delivery of the goods.
(b) After such notification the bailee must hold and deliver
the goods according to the directions of the seller but the seller
is liable to the bailee for any ensuing charges or damages.
(c) If a negotiable document of title has been issued for goods
the bailee is not obliged to obey a notification to stop until
surrender of possession or control of the document.
(d) A carrier who has issued a nonnegotiable bill of lading is
not obliged to obey a notification to stop received from a person
other than the consignor.
(1) The seller may stop delivery of goods in the possession of
a carrier or other bailee when he discovers the buyer to be
insolvent (Section 2-702) and may stop delivery of carload,
truckload, planeload or larger shipments of express or freight when
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 223
the buyer repudiates or fails to make a payment due before delivery
or if for any other reason the seller has a right to withhold or
reclaim the goods.
(2) As against such buyer the seller may stop delivery until
(a) receipt of the goods by the buyer; or
(b) acknowledgement to the buyer by any bailee of the goods
except a carrier that the bailee holds the goods for the buyer; or
(c) such acknowledgment to the buyer by a carrier by reshipment
or as a warehouse; or
(d) negotiation to the buyer of any negotiable document of
title covering the goods.
(3) (a) To stop delivery the seller must so notify as to enable
the bailee by reasonable diligence to prevent delivery of the goods.
(b) After such notification the bailee must hold and deliver
the goods according to the directions of the seller but the seller
is liable to the bailee for any ensuing charges or damages.
(c) If a negotiable document of title has been issued for goods
the bailee is not obliged to obey a notification to stop until
surrender of possession or control of the document.
(d) A carrier who has issued a nonnegotiable bill of lading is
not obliged to obey a notification to stop received from a person
other than the consignor.
Status: in_force · Read it on the official government site
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