Okla. Stat. tit. 12A, § 12A-7-602
This is the official text of Okla. Stat. tit. 12A, § 12A-7-602, 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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Judicial process against goods covered by negotiable
Official statutory text
document of title.
Judicial Process Against Goods Covered by Negotiable Document of
Title.
Unless a document of title was originally issued upon delivery
of the goods by a person that did not have power to dispose of them,
a lien does not attach by virtue of any judicial process to goods in
the possession of a bailee for which a negotiable document of title
is outstanding unless possession or control of the document is first
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 419
surrendered to the bailee or the document’s negotiation enjoined.
The bailee may not be compelled to deliver the goods pursuant to
process until possession or control of the document is surrendered
to the bailee or to the court. A purchaser of the document for
value without notice of the process or injunction takes free of the
lien imposed by judicial process.
Judicial Process Against Goods Covered by Negotiable Document of
Title.
Unless a document of title was originally issued upon delivery
of the goods by a person that did not have power to dispose of them,
a lien does not attach by virtue of any judicial process to goods in
the possession of a bailee for which a negotiable document of title
is outstanding unless possession or control of the document is first
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 419
surrendered to the bailee or the document’s negotiation enjoined.
The bailee may not be compelled to deliver the goods pursuant to
process until possession or control of the document is surrendered
to the bailee or to the court. A purchaser of the document for
value without notice of the process or injunction takes free of the
lien imposed by judicial process.
Status: in_force · Read it on the official government site
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