Oklahoma § 47-911 Disposition of proceeds of sale.

Oklahoma Statutes

§ 47-911 — Disposition of proceeds of sale.

Oklahoma § 47-911

Title 47Motor Vehicles

This text of Oklahoma § 47-911 (Disposition of proceeds of sale.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 47, § 47-911 (2026).

Text

The proceeds from the sale of an abandoned vehicle made pursuant to Section 908 of this title shall be applied in the following order: 1. To the reasonable cost incurred in the sale of the abandoned vehicle; 2. To the satisfaction of the special lien provided for in Section 907 of this title; 3. To the satisfaction of any indebtedness secured by a subordinate security interest or lien in the vehicle; 4. To the owner if such owner is known, and if such owner or the address of such owner is not known, to Service Oklahoma to be remitted to the State Treasurer and by him deposited in the General Revenue Fund.

Free access — add to your briefcase to read the full text and ask questions with AI

The proceeds from the sale of an abandoned vehicle made pursuant to Section 908 of this title shall be applied in the following order: 1. To the reasonable cost incurred in the sale of the abandoned vehicle; 2. To the satisfaction of the special lien provided for in Section 907 of this title; 3. To the satisfaction of any indebtedness secured by a subordinate security interest or lien in the vehicle; 4. To the owner if such owner is known, and if such owner or the address of such owner is not known, to Service Oklahoma to be remitted to the State Treasurer and by him deposited in the General Revenue Fund.

Legislative History

Added by Laws 1968, c. 167, § 5, emerg. eff. April 11, 1968. Amended by Laws 1988, c. 67, § 1, emerg. eff. March 25, 1988; Laws 2022, c. 282, § 105, emerg. eff. May 19, 2022.