Okla. Stat. tit. 4, § 4-201.5
This is the official text of Okla. Stat. tit. 4, § 4-201.5, 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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Commingled livestock - Priority
Official statutory text
If livestock subject to an owner’s lien are commingled with
other livestock in such a manner that the identity of the specific
livestock subject to the owner’s lien cannot be determined by
reasonable means, then the owner’s lien continues without
interruption into and attaches to such commingled livestock and is
perfected automatically as of the date of its original perfection
but only as to the percentage of the commingled livestock equal to
the number of livestock to which the owner’s lien originally
attached. In such event, the owner’s lien in the commingled
livestock has priority over any security interest or other lien that
is not an owner’s lien or permitted lien, whether or not the
security interest or other lien has been properly perfected. If
more than one owner’s lien attaches to the commingled livestock,
then the owner’s liens rank equally in the proportion that the
respective sales prices secured by each owner’s lien bears as a
percentage of the total of the sales prices secured by all owner’s
liens applicable at the time the livestock were commingled.
other livestock in such a manner that the identity of the specific
livestock subject to the owner’s lien cannot be determined by
reasonable means, then the owner’s lien continues without
interruption into and attaches to such commingled livestock and is
perfected automatically as of the date of its original perfection
but only as to the percentage of the commingled livestock equal to
the number of livestock to which the owner’s lien originally
attached. In such event, the owner’s lien in the commingled
livestock has priority over any security interest or other lien that
is not an owner’s lien or permitted lien, whether or not the
security interest or other lien has been properly perfected. If
more than one owner’s lien attaches to the commingled livestock,
then the owner’s liens rank equally in the proportion that the
respective sales prices secured by each owner’s lien bears as a
percentage of the total of the sales prices secured by all owner’s
liens applicable at the time the livestock were commingled.
Status: in_force · Read it on the official government site
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