Okla. Stat. tit. 4, § 4-201.6
This is the official text of Okla. Stat. tit. 4, § 4-201.6, 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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Transfer of lien due to sale
Official statutory text
A. A purchaser or sales agent takes free of any owner’s lien
otherwise applicable to the livestock so purchased and shall be
relieved of any obligations created by subsection A of Section 4 of
this act if the purchaser or sales agent has paid the full amount of
required consideration for the livestock pursuant to a good faith,
noncollusive agreement to purchase such livestock. If a purchaser
or sales agent has paid the full amount of consideration as set
forth in this section, the owner’s lien shall transfer to the
proceeds paid by the purchaser or sales agent. Except as
specifically provided by this section, an owner’s lien has priority
over the rights of any purchaser or sales agent.
Oklahoma Statutes - Title 4. Animals Page 49
B. Notwithstanding subsection A of this section, the owner’s
lien shall continue uninterrupted in the proceeds paid to or
otherwise due the first purchaser. Except as specifically set forth
in this section, an owner’s lien has priority over the rights of any
purchaser.
otherwise applicable to the livestock so purchased and shall be
relieved of any obligations created by subsection A of Section 4 of
this act if the purchaser or sales agent has paid the full amount of
required consideration for the livestock pursuant to a good faith,
noncollusive agreement to purchase such livestock. If a purchaser
or sales agent has paid the full amount of consideration as set
forth in this section, the owner’s lien shall transfer to the
proceeds paid by the purchaser or sales agent. Except as
specifically provided by this section, an owner’s lien has priority
over the rights of any purchaser or sales agent.
Oklahoma Statutes - Title 4. Animals Page 49
B. Notwithstanding subsection A of this section, the owner’s
lien shall continue uninterrupted in the proceeds paid to or
otherwise due the first purchaser. Except as specifically set forth
in this section, an owner’s lien has priority over the rights of any
purchaser.
Status: in_force · Read it on the official government site
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