Okla. Stat. tit. 58, § 58-486: Holder of mortgage may purchase land
Where this section sits in the code
- OK Code
- Title 58
At any sale under order of the district court, of lands upon
which there is a mortgage or lien, the holder thereof may become the
purchaser, and his receipt for the amount due him from the proceeds
of the sale is a payment pro tanto. If the amount for which he
purchased the property is insufficient to defray the expenses and
discharge his mortgage or lien, he must pay to the judge an amount
sufficient to pay such expenses.
Collected 2026-09-14T18:32:36Z. Source file · JSON