Oklahoma § 42-25 Voluntary restoration as extinguishing lien.

Oklahoma Statutes

§ 42-25 — Voluntary restoration as extinguishing lien.

Oklahoma·Title 42 Liens

The voluntary restoration of property to its owner, by the holder of a lien thereon, dependent upon possession, extinguishes the lien as to such property, unless otherwise agreed by the parties, and extinguishes it, notwithstanding any such agreement, as to creditors of the owner and persons subsequently acquiring title to the property, or a lien thereon, in good faith and for a good consideration.

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The voluntary restoration of property to its owner, by the holder of a lien thereon, dependent upon possession, extinguishes the lien as to such property, unless otherwise agreed by the parties, and extinguishes it, notwithstanding any such agreement, as to creditors of the owner and persons subsequently acquiring title to the property, or a lien thereon, in good faith and for a good consideration.

Oklahoma § 42-25 (Voluntary restoration as extinguishing lien.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.