Okla. Stat. tit. 52, § 52-549.11: Rights of operator
Where this section sits in the code
- OK Code
- Title 52
RIGHTS OF OPERATOR NOT IMPAIRED
This act does not impair an operator's right to be paid, set-off
or withhold funds from another interest owner as security for or in
satisfaction of any debt or security interest. In case of a dispute
between an operator and another interest owner, a good-faith tender
of funds by anyone operates as a tender of the funds to both in any
of the following circumstances:
1. To the person who the operator and other interest owner
jointly direct the first purchaser in writing to pay;
2. To a person who otherwise shows himself or herself to be the
one entitled to the funds; or
3. To a court of competent jurisdiction in the event of
litigation or bankruptcy.
Collected 2026-09-14T18:32:36Z. Source file · JSON