Okla. Stat. tit. 12A, § 12A-7-209

This is the official text of Okla. Stat. tit. 12A, § 12A-7-209, 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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Lien of Warehouse

Official statutory text

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 404

Lien of Warehouse.

(a) A warehouse has a lien against the bailor on the goods

covered by a warehouse receipt or storage agreement or on the

proceeds thereof in its possession for charges for storage or

transportation, including demurrage and terminal charges, insurance,

labor, or other charges, present or future, in relation to the

goods, and for expenses necessary for preservation of the goods or

reasonably incurred in their sale pursuant to law. If the person on

whose account the goods are held is liable for similar charges or

expenses in relation to other goods whenever deposited and it is

stated in the warehouse receipt or storage agreement that a lien is

claimed for charges and expenses in relation to other goods, the

warehouse also has a lien against the goods covered by the warehouse

receipt or storage agreement or on the proceeds thereof in its

possession for those charges and expenses, whether or not the goods

have been delivered by the warehouse. However, as against a person

to which a negotiable warehouse receipt is duly negotiated, a

warehouse’s lien is limited to charges in an amount or at a rate

specified in the warehouse receipt or, if no charges are so

specified, to a reasonable charge for storage of the specific goods

covered by the receipt subsequent to the date of the receipt.

(b) A warehouse may also reserve a security interest against

the bailor for the maximum amount specified on the receipt for

charges other than those specified in subsection (a) of this

section, such as for money advanced and interest. The security

interest is governed by Article 9 of the Uniform Commercial Code.

(c) A warehouse’s lien for charges and expenses under

subsection (a) of this section or a security interest under

subsection (b) of this section is also effective against any person

that so entrusted the bailor with possession of the goods that a

pledge of them by the bailor to a good faith purchaser for value

would have been valid. However, the lien or security interest is

not effective against a person that before issuance of a document of

title had a legal interest or a perfected security interest in the

goods and that did not:

(1) deliver or entrust the goods or any document of title

covering the goods to the bailor or the bailor’s nominee with:

(A) actual or apparent authority to ship, store, or sell;

(B) power to obtain delivery under Section 7-403 of this

title; or

(C) power of disposition under Sections 2-403, 2A-304(2),

2A-305(2), 1-9-320, or 1-9-321(c) of the Uniform

Commercial Code or other statute or rule of law; or

(2) acquiesce in the procurement by the bailor or its nominee

of any document.

(d) A warehouse’s lien on household goods for charges and

expenses in relation to the goods under subsection (a) of this

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 405

section is also effective against all persons if the depositor was

the legal possessor of the goods at the time of deposit. In this

subsection, “household goods" means furniture, furnishings, or

personal effects used by the depositor in a dwelling.

(e) A warehouse loses its lien on any goods that it voluntarily

delivers or unjustifiably refuses to deliver.

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.