Okla. Stat. tit. 12A, § 12A-2-722

This is the official text of Okla. Stat. tit. 12A, § 12A-2-722, 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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Who Can Sue Third Parties for Injury to Goods

Official statutory text

Where a third party so deals with goods which have been

identified to a contract for sale as to cause actionable injury to a

party to that contract

(a) a right of action against the third party is in either

party to the contract for sale who has title to or a security

interest or a special property or an insurable interest in the

goods; and if the goods have been destroyed or converted a right of

action is also in the party who either bore the risk of loss under

the contract for sale or has since the injury assumed that risk as

against the other;

(b) if at the time of the injury the party plaintiff did

not bear the risk of loss as against the other party to the contract

for sale and there is no arrangement between them for disposition of

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 230

the recovery, his suit or settlement is, subject to his own

interest, as a fiduciary for the other party to the contract;

(c) either party may with the consent of the other sue for

the benefit of whom it may concern.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.