Okla. Stat. tit. 58, § 58-497
This is the official text of Okla. Stat. tit. 58, § 58-497, 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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Contract with agent to procure purchaser
Official statutory text
The district court may authorize the executor or administrator
of any estate to enter into a written contract with any bona fide
agent to secure a purchaser for any real or personal property of the
estate, which contract shall provide for the payment to such agent,
out of the proceeds of a sale to any purchaser secured by him, of a
commission, the amount of which must be fixed and allowed by the
court upon confirmation of the sale; and when said sale is confirmed
to such purchaser, such contract shall be binding and valid as
against the estate for the amount so allowed by the court. By the
execution of any such contract no personal liability shall attach to
the executor or administrator, and no liability of any kind shall be
incurred by the estate unless an actual sale is made and confirmed
by the court.
of any estate to enter into a written contract with any bona fide
agent to secure a purchaser for any real or personal property of the
estate, which contract shall provide for the payment to such agent,
out of the proceeds of a sale to any purchaser secured by him, of a
commission, the amount of which must be fixed and allowed by the
court upon confirmation of the sale; and when said sale is confirmed
to such purchaser, such contract shall be binding and valid as
against the estate for the amount so allowed by the court. By the
execution of any such contract no personal liability shall attach to
the executor or administrator, and no liability of any kind shall be
incurred by the estate unless an actual sale is made and confirmed
by the court.
Status: in_force · Read it on the official government site
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