§ 549.6. Rights of purchasers
Oklahoma Statutes AnnotatedTitle 52. Oil and Gas
52 Okl.St.Ann. § 549.6
§ 549.6. Rights of purchasers
RIGHTS OF PURCHASERS
A purchaser takes free of any oil and gas lien otherwise applicable to the oil or gas so purchased, and shall be relieved of any obligations created by subsection A of Section 570.10 of Title 52 of the Oklahoma Statutes, only in the event that either of the following occur:
Notwithstanding the foregoing, the oil and gas lien will continue uninterrupted in the proceeds paid to or otherwise due the first purchaser.
Except as specifically set forth in this section, an oil and gas lien has priority over the rights of any purchaser.
Credits
Laws 2010, c. 142, § 6, emerg. eff. April 19, 2010.
52 Okl. St. Ann. § 549.6, OK ST T. 52 § 549.6
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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