GroundRules
← Search the law
Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 2, § 2-9-31: Lost or destroyed receipt - Duplicate receipts -

Read at publisher ↗
Where this section sits in the code
  1. OK Code
  2. Title 2

Settlement for stored commodities - Canceled original warehouse

receipts.

A. If a warehouse receipt is lost or destroyed and a duplicate

receipt is desired, a duplicate shall be issued in the same manner

as the original receipt upon affidavit of the owner of the original

receipt that the receipt has been lost or destroyed. When the owner

has furnished the warehouseman an acceptable bond in an amount equal

to the value of the commodities represented by the lost or destroyed

receipt at the time the bond is given, the bond shall indemnify the

warehouseman against loss or damage by reason of the issuance of the

duplicate receipt.

B. If a warehouse receipt is lost or destroyed and a settlement

for the stored commodities is desired, the settlement shall be made

upon affidavit of the owner of the original receipt that the receipt

has been lost or destroyed. When the owner has furnished the

warehouseman an acceptable bond in an amount equal to the value of

the commodities represented by the lost or destroyed receipt at the

time the bond is given, the bond shall indemnify the warehouseman

against loss or damage sustained by reason of making the settlement

of delivering the described commodities.

C. Bonds executed in accordance with this section shall be

treated as canceled original warehouse receipts.

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

Browse this collection