Okla. Stat. tit. 58, § 58-387
This is the official text of Okla. Stat. tit. 58, § 58-387, part of Oklahoma’s Stat. tit. 58, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 58,." Browse the sections below, each linked to its official government source.
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What personal property may be sold without notice
Official statutory text
A. At any time after receiving letters, the executor,
administrator, or special administrator may sell perishable and
other personal property likely to depreciate in value, or which will
incur loss or expense by being kept, and so much other personal
property as may be necessary to pay the allowance made to the family
of the decedent without obtaining prior court authorization for
sale, without filing a return of sale, and without obtaining court
confirmation of sale. The sale may be made without notice. Title
to such property shall pass to the purchaser thereof without
approval or confirmation by the court of such sale.
Oklahoma Statutes - Title 58. Probate Procedure Page 75
B. Any sale of property made by an executor, administrator or
special administrator of the property of a decedent pursuant to this
section shall be reported in the accounting next filed by such
executor, administrator or special administrator 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 or
would not have caused the estate of the decedent loss or expense if
kept, or was not necessary to pay the allowance made to the family
of the decedent, the executor, administrator or special
administrator 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, would have
caused the estate of the decedent to incur loss or expense if kept
or the sale was necessary to pay the allowance made to the family of
the decedent.
R.L. 1910, § 6366; Laws 1953, p. 238, § 27; Laws 1979, c. 258, § 4,
eff. Oct. 1, 1979; Laws 1992, c. 395, § 8, eff. Sept. 1, 1992.
administrator, or special administrator may sell perishable and
other personal property likely to depreciate in value, or which will
incur loss or expense by being kept, and so much other personal
property as may be necessary to pay the allowance made to the family
of the decedent without obtaining prior court authorization for
sale, without filing a return of sale, and without obtaining court
confirmation of sale. The sale may be made without notice. Title
to such property shall pass to the purchaser thereof without
approval or confirmation by the court of such sale.
Oklahoma Statutes - Title 58. Probate Procedure Page 75
B. Any sale of property made by an executor, administrator or
special administrator of the property of a decedent pursuant to this
section shall be reported in the accounting next filed by such
executor, administrator or special administrator 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 or
would not have caused the estate of the decedent loss or expense if
kept, or was not necessary to pay the allowance made to the family
of the decedent, the executor, administrator or special
administrator 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, would have
caused the estate of the decedent to incur loss or expense if kept
or the sale was necessary to pay the allowance made to the family of
the decedent.
R.L. 1910, § 6366; Laws 1953, p. 238, § 27; Laws 1979, c. 258, § 4,
eff. Oct. 1, 1979; Laws 1992, c. 395, § 8, eff. Sept. 1, 1992.
Status: in_force · Read it on the official government site
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