Okla. Stat. tit. 4, § 4-201.10
This is the official text of Okla. Stat. tit. 4, § 4-201.10, part of Oklahoma’s Stat. tit. 4, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 4,." Browse the sections below, each linked to its official government source.
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Lien expiration - Commencement of action
Official statutory text
A. An owner’s lien shall expire one (1) year after the last day
of the month following the date the sales price from the sale of
livestock subject to such lien are required by law or contract to be
Oklahoma Statutes - Title 4. Animals Page 50
paid to such livestock owner but only as to the particular livestock
sold during such month, unless an action to enforce the owner’s lien
is commenced within such time in a court of competent jurisdiction.
B. If a sales agent advances the sales price for livestock to
the livestock owner before the first purchaser pays the sales prices
to the livestock owner or sales agent, the sales agent shall assume
and be entitled to enforce all rights of the livestock owner under
this act as to such livestock or proceeds thereof.
C. In addition to any other court of competent jurisdiction, an
action to enforce the owner’s lien may be commenced in the district
court of the county where the agreement to sell was entered, where
the sales price was to be paid, where the unpaid for livestock are
located, or wherever the proceeds may be found. Provided, however,
the commencement of any proceeding by or against any person claiming
an interest in any property subject to the owner’s lien seeking to
adjudicate such person as bankrupt or insolvent, or seeking
liquidation, winding up, reorganization, arrangement, adjustment,
protection, relief, or composition of such person or such person’s
debts under any law relating to bankruptcy, insolvency or
reorganization or relief of debtors, or seeking the entry of an
order for relief or the appointment of a receiver, trustee or other
similar official for such person or for any substantial part of such
person’s property shall toll the foregoing one (1) year period in
which to commence an action to enforce the owner’s lien for an
additional period of ninety (90) days from the earlier of:
1. The final conclusion or dismissal of such proceedings; or
2. The date final relief is obtained from the applicable
tribunal authorizing the commencement of such action.
D. The prevailing party in any action to enforce the provisions
of this act shall be entitled to recover reasonable attorney fees
and costs in any legal proceeding.
E. Nothing in this act shall be construed to impair or affect
the right of any livestock owner or sales agent to maintain a
personal action to recover the debt against any person liable for
payment of the sales price or to exercise any other rights and
remedies available at law or in equity.
of the month following the date the sales price from the sale of
livestock subject to such lien are required by law or contract to be
Oklahoma Statutes - Title 4. Animals Page 50
paid to such livestock owner but only as to the particular livestock
sold during such month, unless an action to enforce the owner’s lien
is commenced within such time in a court of competent jurisdiction.
B. If a sales agent advances the sales price for livestock to
the livestock owner before the first purchaser pays the sales prices
to the livestock owner or sales agent, the sales agent shall assume
and be entitled to enforce all rights of the livestock owner under
this act as to such livestock or proceeds thereof.
C. In addition to any other court of competent jurisdiction, an
action to enforce the owner’s lien may be commenced in the district
court of the county where the agreement to sell was entered, where
the sales price was to be paid, where the unpaid for livestock are
located, or wherever the proceeds may be found. Provided, however,
the commencement of any proceeding by or against any person claiming
an interest in any property subject to the owner’s lien seeking to
adjudicate such person as bankrupt or insolvent, or seeking
liquidation, winding up, reorganization, arrangement, adjustment,
protection, relief, or composition of such person or such person’s
debts under any law relating to bankruptcy, insolvency or
reorganization or relief of debtors, or seeking the entry of an
order for relief or the appointment of a receiver, trustee or other
similar official for such person or for any substantial part of such
person’s property shall toll the foregoing one (1) year period in
which to commence an action to enforce the owner’s lien for an
additional period of ninety (90) days from the earlier of:
1. The final conclusion or dismissal of such proceedings; or
2. The date final relief is obtained from the applicable
tribunal authorizing the commencement of such action.
D. The prevailing party in any action to enforce the provisions
of this act shall be entitled to recover reasonable attorney fees
and costs in any legal proceeding.
E. Nothing in this act shall be construed to impair or affect
the right of any livestock owner or sales agent to maintain a
personal action to recover the debt against any person liable for
payment of the sales price or to exercise any other rights and
remedies available at law or in equity.
Status: in_force · Read it on the official government site
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