{"data":{"id":"us-ok/okla.-stat.-tit.-42-42-152","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 42, § 42-152","heading":"Proceeds of building or remodeling contracts, mortgages or","body":"warranty deeds as trust funds for payment of lienable claims.\n\n(1) The amount payable under any building or remodeling contract\n\nshall, upon receipt by any contractor or subcontractor, be held as\n\ntrust funds for the payment of all lienable claims due and owing or\n\nto become due and owing by such contractors or subcontractors by\n\nreason of such building or remodeling contract.\n\n(2) The monies received under any mortgage given for the purpose\n\nof construction or remodeling any structure shall upon receipt by\n\nthe mortgagor be held as trust funds for the payment of all valid\n\nlienable claims due and owing or to become due and owing by such\n\nmortgagor by reason of such building or remodeling contract.\n\n(3) The amount received by any vendor of real property under a\n\nwarranty deed shall, upon receipt by the vendor, be held as trust\n\nfunds for the payment of all valid lienable claims due and owing or\n\nto become due and owing by such vendor or his predecessors in title\n\nby reason of any improvements made upon such property within four\n\n(4) months prior to the delivery of said deed.","path":["OK Code","Title 42"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os42.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"412e5d6c735cc4ae911cdc0832956c9e05ac4312ea597745ea95c4c7c3048a8e","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-42-42-151","next":"us-ok/okla.-stat.-tit.-42-42-153"},"notice":"GroundRules: Original legal text. Not legal advice."}