Okla. Stat. tit. 63, § 63-4217.4

– Application of proceeds.

A. Every person lawfully in possession of an abandoned vessel

shall have a special lien thereon for the compensation due from the

owner of such abandoned vessel for all expenses incurred.

B. The lien may be foreclosed by a sale of such abandoned

vessel upon giving notice and in the following manner. The notice

shall contain:

1. The name of the party bringing action and the name of the

owner or any person claiming any interest therein;

2. A full description of the vessel, giving all available

information as to the make, year, serial number, registration decal

number with year and the state from which the registration was

issued;

3. A full statement of all the facts;

4. The amount of the claim, giving a full description of the

work, labor, storage or any other costs involved; and

5. The date, time and place of the sale.

The notice shall be posted in three public places in the county in

which the vessel is to be sold at least ten (10) days before the

time specified therein for such sale, and a copy of such notice

shall be mailed to the owner and any other person claiming any

Oklahoma Statutes - Title 63. Public Health and Safety Page 1690

interest in the abandoned motor vehicle, at their last-known mailing

address, by registered mail on the same date of posting such notice.

C. Proceedings for such sale under this section shall not be

commenced until ten (10) days after the lien has accrued.

D. A return of such sale shall be made at the time of sale and

proof of posting and mailing of the notice of sale of abandoned

vessel.

E. The proceeds from the sale of an abandoned vessel made

pursuant to subsection B of this section shall be applied in the

following order:

1. To the reasonable cost incurred in the sale of the abandoned

vessel;

2. To the satisfaction of the special lien provided for in

subsection A of this section;

3. To the satisfaction of any indebtedness secured by a

subordinate security interest or lien in the vessel; and

4. To the owner if the owner is known, and if the owner or the

address of the owner is not known, to Service Oklahoma to be

remitted to the State Treasurer and deposited in the General Revenue

Fund.