Okla. Stat. tit. 12A, § 12A-7-403
This is the official text of Okla. Stat. tit. 12A, § 12A-7-403, 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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Obligation of bailee to deliver - Excuse
Official statutory text
Obligation of Bailee to Deliver; Excuse.
(a) A bailee shall deliver the goods to a person entitled under
a document of title if the person complies with subsections (b) and
(c) of this section, unless and to the extent that the bailee
establishes any of the following:
(1) delivery of the goods to a person whose receipt was
rightful as against the claimant;
(2) damage to or delay, loss, or destruction of the goods for
which the bailee is not liable;
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 413
(3) previous sale or other disposition of the goods in lawful
enforcement of a lien or on warehouse’s lawful termination of
storage;
(4) the exercise by a seller of its right to stop delivery
pursuant to Section 2-705 of this title or by a lessor of its right
to stop delivery pursuant to Section 2A-526 of this title;
(5) a diversion, reconsignment or other disposition pursuant to
Section 7-303 of this title;
(6) release, satisfaction or any other personal defense against
the claimant; or
(7) any other lawful excuse.
(b) A person claiming goods covered by a document of title
shall satisfy the bailee's lien if the bailee so requests or if the
bailee is prohibited by law from delivering the goods until the
charges are paid.
(c) Unless the person claiming the goods is a person against
which the document of title does not confer a right under subsection
(a) of Section 7-503 of this title:
(1) the person claiming under a document shall surrender
possession or control of any outstanding negotiable document
covering the goods for cancellation or indication of partial
deliveries; and
(2) the bailee shall cancel the document or conspicuously
indicate in the document the partial delivery or the bailee is
liable to any person to which the document is duly negotiated.
(a) A bailee shall deliver the goods to a person entitled under
a document of title if the person complies with subsections (b) and
(c) of this section, unless and to the extent that the bailee
establishes any of the following:
(1) delivery of the goods to a person whose receipt was
rightful as against the claimant;
(2) damage to or delay, loss, or destruction of the goods for
which the bailee is not liable;
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 413
(3) previous sale or other disposition of the goods in lawful
enforcement of a lien or on warehouse’s lawful termination of
storage;
(4) the exercise by a seller of its right to stop delivery
pursuant to Section 2-705 of this title or by a lessor of its right
to stop delivery pursuant to Section 2A-526 of this title;
(5) a diversion, reconsignment or other disposition pursuant to
Section 7-303 of this title;
(6) release, satisfaction or any other personal defense against
the claimant; or
(7) any other lawful excuse.
(b) A person claiming goods covered by a document of title
shall satisfy the bailee's lien if the bailee so requests or if the
bailee is prohibited by law from delivering the goods until the
charges are paid.
(c) Unless the person claiming the goods is a person against
which the document of title does not confer a right under subsection
(a) of Section 7-503 of this title:
(1) the person claiming under a document shall surrender
possession or control of any outstanding negotiable document
covering the goods for cancellation or indication of partial
deliveries; and
(2) the bailee shall cancel the document or conspicuously
indicate in the document the partial delivery or the bailee is
liable to any person to which the document is duly negotiated.
Status: in_force · Read it on the official government site
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