Okla. Stat. tit. 42, § 42-17
This is the official text of Okla. Stat. tit. 42, § 42-17, part of Oklahoma’s Stat. tit. 42, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 42,." Browse the sections below, each linked to its official government source.
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Order of resort for payment of prior liens
Official statutory text
Where one has a lien upon several things, and other persons have
subordinate liens upon or interests in, some but not all of the same
things, the person having the prior lien, if he can do so without
the risk of loss to himself, or injustice to other persons, must
resort to the property in the following order, on the demand of any
party interested:
1. To the things upon which he has an exclusive lien.
2. To the things which are subject to the fewest subordinate
liens.
3. In like manner inversely to the number of subordinate liens
upon the same thing; and,
4. When several things are within one of the foregoing classes,
and subject to the same number of liens, resort must be had,-
(a) To the things which have not been transferred since the
prior lien was created.
(b) To the things which have been so transferred without a
valuable consideration; and,
(c) To the things which have been so transferred for a valuable
consideration.
R.L. 1910, § 3838.
subordinate liens upon or interests in, some but not all of the same
things, the person having the prior lien, if he can do so without
the risk of loss to himself, or injustice to other persons, must
resort to the property in the following order, on the demand of any
party interested:
1. To the things upon which he has an exclusive lien.
2. To the things which are subject to the fewest subordinate
liens.
3. In like manner inversely to the number of subordinate liens
upon the same thing; and,
4. When several things are within one of the foregoing classes,
and subject to the same number of liens, resort must be had,-
(a) To the things which have not been transferred since the
prior lien was created.
(b) To the things which have been so transferred without a
valuable consideration; and,
(c) To the things which have been so transferred for a valuable
consideration.
R.L. 1910, § 3838.
Status: in_force · Read it on the official government site
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