Okla. Stat. tit. 12A, § 12A-2-403: Power to Transfer; Good Faith Purchase of Goods;

"Entrusting".

Power to Transfer; Good Faith Purchase of Goods; "Entrusting".

(1) A purchaser of goods acquires all title which his

transferor had or had power to transfer except that a purchaser of a

limited interest acquires rights only to the extent of the interest

purchased. A person with voidable title has power to transfer a

good title to a good faith purchaser for value. When goods have

been delivered under a transaction of purchase the purchaser has

such power even though

(a) the transferor was deceived as to the identity of the

purchaser, or

(b) the delivery was in exchange for a check which is

later dishonored, or

(c) it was agreed that the transaction was to be a "cash

sale", or

(d) the delivery was procured through fraud punishable as

larcenous under the criminal law.

(2) Any entrusting of possession of goods to a merchant who

deals in goods of that kind gives him power to transfer all rights

of the entruster to a buyer in ordinary course of business.

(3) "Entrusting" includes any delivery and any acquiescence in

retention of possession regardless of any condition expressed

between the parties to the delivery or acquiescence and regardless

of whether the procurement of the entrusting or the possessor's

disposition of the goods have been such as to be larcenous under the

criminal law.

(4) The rights of other purchasers of goods and of lien

creditors are governed by the articles on Secured Transactions

(Article 9) and Documents of Title (Article 7).