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.
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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