Okla. Stat. tit. 12A, § 12A-2A-219: Risk of loss

RISK OF LOSS

(1) Except in the case of a finance lease, risk of loss is

retained by the lessor and does not pass to the lessee. In the case

of a finance lease, risk of loss passes to the lessee.

(2) Subject to the provisions of this article on the effect of

default on risk of loss (Section 29 of this act), if risk of loss is

to pass to the lessee and the time of passage is not stated, the

following rules apply:

(a) If the lease contract requires or authorizes the

goods to be shipped by carrier:

(i) and it does not require delivery at a

particular destination, the risk of loss passes to the lessee when

the goods are duly delivered to the carrier; but

(ii) if it does require delivery at a particular

destination and the goods are there duly tendered while in the

possession of the carrier, the risk of loss passes to the lessee

when the goods are there duly so tendered as to enable the lessee to

take delivery.

(b) If the goods are held by a bailee to be

delivered without being moved, the risk of loss passes to the lessee

on acknowledgment by the bailee of the lessee's right to possession

of the goods.

(c) In any case not within paragraph (a) or (b) of

this subsection, the risk of loss passes to the lessee on the

lessee's receipt of the goods if the lessor, or, in the case of a

finance lease, the supplier, is a merchant; otherwise the risk

passes to the lessee on tender of delivery.