Oklahoma Statutes

Okla. Stat. tit. 42, § 22 (2026)

Sale or conversion of property extinguishes lien

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The sale of any property on which there is a lien, in satisfaction of the claim secured thereby, or, in case of personal property, its wrongful conversion by the person holding the lien, extinguishes the lien thereon. R.L. 1910, § 3843.

Notes of Decisions
Cited in 10 cases (2 in the last 5 years), 1965–2026 · leading case: Hub Partners XXVI, Ltd. v. Barnett, 2019 OK 69, 453 P.3d 489.
Hub Partners XXVI, Ltd. v. Barnett, 2019 OK 69, 453 P.3d 489. · cites it 2× “42 O.S.2011, § 22 ("The sale of any property on which there is a lien, in satisfaction of the claim secured thereby .”
First Fed. Sav. & Loan Ass'n, Chickasha v. Nath, 839 P.2d 1336 (Okla. 1992). · cites it 2× “*1340 II WHERE CIRCUMSTANCES MAY WARRANT, EQUITY WILL INTERPOSE ANTI-MERGER RELIEF TO KEEP A MORTGAGE ALIVE, AFTER ITS EARLIER FORECLOSURE, VIS-AVIS AN INFERIOR LIEN OF ONE WHO WAS NOT A PARTY TO THE PRIOR FORECLOSURE ELEMENTS OF THE ANTI-MERGER DOCTRINE A common-law rule, made…”
Paris Bank of Texas v. Custer, 681 P.2d 71 (Okla. 1984). · cites it 2× “In construing what is now codified as 42 O.S.1981, § 22, 9 this Court said in Yoder v.”
Eastman Nat'l Bank v. Sun 'N Fun Waterpark LLC (In re Sun 'N Fun Waterpark LLC), 408 B.R. 361 (B.A.P. 10th Cir. 2009). “; see also Okla. Stat. Ann. tit. 42 § 22 (2001) (“The sale of any property on which there is a lien, in satisfaction of the claim secured thereby .”
Bank of the Panhandle v. Hill, 1998 OK CIV APP 140, 965 P.2d 413. “42 O.S.1991 § 22 provides: The sale of any property on which there is a lien, in satisfaction of the claim secured thereby, or, in case of personal property, its wrongful conversion by the person holding the lien, extinguishes the lien thereon.”
Am.-First Title & Trust Co. v. First Fed. Sav. & Loan Ass'n, 415 P.2d 930 (Okla. 1965). “American-First submits a proposition that: The acquisition by the mortgagee at judicial sale of the mortgaged property resulted in a merger of the legal and equitable titles in the same party and extinguished the mortgage and any claim thereunder or in connection therewith.…”
Credithrift of Am., Inc. v. Amsbaugh, 773 P.2d 1287 (Okla. Civ. App. 1988). · cites it 2× “42 O.S.1981 § 22. Yet, every case that we can find wherein equity protected the first mortgage holder, it did so against an inferior *1289 lien claimant who had been omitted from the first lienholder’s foreclosure action due to some manner of mistake or inadvertence.”
Citizens Sec. Bank of Bixby v. Courtney, 572 P.2d 1302 (Okla. Civ. App. 1977). “See 42 O.S.1971 § 22 which provides that the “sale of any property on which there is a lien, in satisfaction of the claim secured thereby .”
Scott Michael Leonard, No. 25-10219 (Bankr. N.D. Okla. June 30, 2025). · cites it 2× “26 See Okla. Stat. tit. 42, § 22 ; Bank of Panhandle v.”
RCB Bank v. Stitt, 2026 OK 49. · cites it 2× “§ 21 42 O.S. § 22 42 O.S. § 23 ¶19 So, in our case, the mortgages "[are] extinguished by the mere lapse of the time within which .”
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