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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 12A, § 12A-2A-525: Lessor's right to possession of goods

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  1. OK Code
  2. Title 12A

LESSOR'S RIGHT TO POSSESSION OF GOODS

(1) If a lessor discovers the lessee to be insolvent, the

lessor may refuse to deliver the goods.

(2) After a default by the lessee under the lease contract of

the type described in subsection (1) of Section 2A-523 or paragraph

(a) of subsection (3) of Section 2A-523 of this title or, if agreed,

after other default by the lessee, the lessor has the right to take

possession of the goods. If the lease contract so provides, the

lessor may require the lessee to assemble the goods and make them

available to the lessor at a place to be designated by the lessor

which is reasonably convenient to both parties. Without removal,

the lessor may render unusable any goods employed in trade or

business, and may dispose of goods on the lessee's premises (Section

2A-527 of this title).

(3) The lessor may proceed under subsection (2) of this section

without judicial process if it can be done without breach of the

peace or the lessor may proceed by action.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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