Okla. Stat. tit. 12A, § 12A-7-601

This is the official text of Okla. Stat. tit. 12A, § 12A-7-601, 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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Lost, stolen, or destroyed documents of title

Official statutory text

Lost, Stolen, or Destroyed Documents of Title.

(a) If a document has been lost, stolen, or destroyed, a court

may order delivery of the goods or issuance of a substitute document

and the bailee may without liability to any person comply with the

order. If the document was negotiable, a court may not order

delivery of the goods or issuance of a substitute document without

the claimant’s posting security unless it finds that any person that

may suffer loss as a result of nonsurrender of possession or control

of the document is adequately protected against the loss. If the

document was not negotiable, the court may require security. The

court may also order payment of the bailee's reasonable costs and

attorney fees in any action under this section.

(b) A bailee that, without court order, delivers goods to a

person claiming under a missing negotiable document of title is

liable to any person injured thereby. If the delivery is not in

good faith, the bailee is liable for conversion. Delivery in good

faith is not conversion if the claimant posts security with the

bailee in an amount at least double the value of the goods at the

time of posting to indemnify any person injured by the delivery

which files a notice of claim within one (1) year after the

delivery.

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.