Okla. Stat. tit. 59, § 59-985
This is the official text of Okla. Stat. tit. 59, § 59-985, part of Oklahoma’s Stat. tit. 59, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 59,." Browse the sections below, each linked to its official government source.
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Bonds - Service of process
Official statutory text
At the time of filing said application, and as a part thereof,
the applicant shall file and deposit with the said county treasurer
a bond, with sureties to be approved by the said county treasurer,
in the penal sum of two times the value of the merchandise proposed
to be offered for sale at public auction as shown by the inventory
filed, running to the State of Oklahoma, and for the use and benefit
of any purchaser of any such new goods, wares or merchandise at the
said auction who might have a cause of action of any nature arising
from or out of a sale or sales at such auction or against the
applicant or against the auctioneer; the said bond shall be further
conditioned on the payment by the applicant of all taxes that may be
payable by or due from, the applicant to the State of Oklahoma or
any department thereof or any subdivision of the State of Oklahoma,
municipal or otherwise, the payment of any fines that may be
assessed by any court against the applicant or against the
auctioneer for violation of the provisions of this act, and the
satisfaction of all causes of action commenced within one (1) year
from the date that such sale is made at any such auction and arising
therefrom provided, however, that the aggregate liability of the
surety for all said taxes, fines, and causes of action shall in no
event exceed the sum of such bond but there shall be no limitation
of liability against the owners of the new goods, wares and
merchandise or the auctioneer or the applicant for the license.
In such bond the applicant and surety shall appoint the
treasurer of said county in which said bond is filed the agent of
the applicant and the surety for the service of process. At the
time that said bond is filed and deposited with the county treasurer
as herein provided the auctioneer shall appoint the said county
treasurer the agent of the auctioneer for the service of process. In
the event of such service of process, the agent on whom such service
Oklahoma Statutes - Title 59. Professions and Occupations Page 850
is made shall, within five (5) days after the service, mail by
ordinary mail a true copy of the process served upon him to each
party for whom he has been served, addressed to the last known
address of such party. Failure to so mail said copy shall not,
however, affect the court's jurisdiction.
The State of Oklahoma or any department or subdivision,
municipal or otherwise, thereof, or any person having a cause of
action arising out of any sale of such new goods, wares or
merchandise may join the applicant and the surety on such bond and
the auctioneer in the same action, or may in such action due either
such applicant or the surety or the auctioneer alone.
the applicant shall file and deposit with the said county treasurer
a bond, with sureties to be approved by the said county treasurer,
in the penal sum of two times the value of the merchandise proposed
to be offered for sale at public auction as shown by the inventory
filed, running to the State of Oklahoma, and for the use and benefit
of any purchaser of any such new goods, wares or merchandise at the
said auction who might have a cause of action of any nature arising
from or out of a sale or sales at such auction or against the
applicant or against the auctioneer; the said bond shall be further
conditioned on the payment by the applicant of all taxes that may be
payable by or due from, the applicant to the State of Oklahoma or
any department thereof or any subdivision of the State of Oklahoma,
municipal or otherwise, the payment of any fines that may be
assessed by any court against the applicant or against the
auctioneer for violation of the provisions of this act, and the
satisfaction of all causes of action commenced within one (1) year
from the date that such sale is made at any such auction and arising
therefrom provided, however, that the aggregate liability of the
surety for all said taxes, fines, and causes of action shall in no
event exceed the sum of such bond but there shall be no limitation
of liability against the owners of the new goods, wares and
merchandise or the auctioneer or the applicant for the license.
In such bond the applicant and surety shall appoint the
treasurer of said county in which said bond is filed the agent of
the applicant and the surety for the service of process. At the
time that said bond is filed and deposited with the county treasurer
as herein provided the auctioneer shall appoint the said county
treasurer the agent of the auctioneer for the service of process. In
the event of such service of process, the agent on whom such service
Oklahoma Statutes - Title 59. Professions and Occupations Page 850
is made shall, within five (5) days after the service, mail by
ordinary mail a true copy of the process served upon him to each
party for whom he has been served, addressed to the last known
address of such party. Failure to so mail said copy shall not,
however, affect the court's jurisdiction.
The State of Oklahoma or any department or subdivision,
municipal or otherwise, thereof, or any person having a cause of
action arising out of any sale of such new goods, wares or
merchandise may join the applicant and the surety on such bond and
the auctioneer in the same action, or may in such action due either
such applicant or the surety or the auctioneer alone.
Status: in_force · Read it on the official government site
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