Okla. Stat. tit. 30, § 30-4-769
This is the official text of Okla. Stat. tit. 30, § 30-4-769, part of Oklahoma’s Stat. tit. 30, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 30,." Browse the sections below, each linked to its official government source.
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Sale of perishable property - Report - Good faith
Official statutory text
determination of perishability.
A. Notwithstanding any other provision contained in the
Oklahoma Guardianship and Conservatorship Act, a guardian or limited
guardian of the property of a ward may sell, at public auction or
private sale, without obtaining prior court authorization for sale,
without filing a return of sale, and without obtaining court
confirmation of sale, any personal property of the ward which is
perishable, is otherwise likely to depreciate in value, or would
Oklahoma Statutes - Title 30. Guardian and Ward Page 108
cause the estate of the ward to incur loss or expense if kept.
Title to such property shall pass to the purchaser thereof without
approval of or confirmation by the court of such sale.
B. With respect to a limited guardian of the property, this
section shall apply only to property of the ward which is subject to
such limited guardian's control pursuant to a dispositional order.
C. Any sale of property made by a guardian or limited guardian
of the property of a ward pursuant to this section shall be reported
in the accounting next filed by such guardian or limited guardian
after the making of the sale. If the court determines the property
sold was not perishable or was not otherwise likely to depreciate in
value and would not have caused the estate of the ward to incur loss
or expense if kept, the guardian or limited guardian who made such
sale shall not be surcharged or otherwise held liable with respect
to such sale if he made a reasonable determination in good faith
that the property sold was perishable, was otherwise likely to
depreciate in value, or would have caused the estate of the ward to
incur loss or expense if kept.
A. Notwithstanding any other provision contained in the
Oklahoma Guardianship and Conservatorship Act, a guardian or limited
guardian of the property of a ward may sell, at public auction or
private sale, without obtaining prior court authorization for sale,
without filing a return of sale, and without obtaining court
confirmation of sale, any personal property of the ward which is
perishable, is otherwise likely to depreciate in value, or would
Oklahoma Statutes - Title 30. Guardian and Ward Page 108
cause the estate of the ward to incur loss or expense if kept.
Title to such property shall pass to the purchaser thereof without
approval of or confirmation by the court of such sale.
B. With respect to a limited guardian of the property, this
section shall apply only to property of the ward which is subject to
such limited guardian's control pursuant to a dispositional order.
C. Any sale of property made by a guardian or limited guardian
of the property of a ward pursuant to this section shall be reported
in the accounting next filed by such guardian or limited guardian
after the making of the sale. If the court determines the property
sold was not perishable or was not otherwise likely to depreciate in
value and would not have caused the estate of the ward to incur loss
or expense if kept, the guardian or limited guardian who made such
sale shall not be surcharged or otherwise held liable with respect
to such sale if he made a reasonable determination in good faith
that the property sold was perishable, was otherwise likely to
depreciate in value, or would have caused the estate of the ward to
incur loss or expense if kept.
Status: in_force · Read it on the official government site
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