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§12A-9-307.8.


§12A-9-307.8.
   
        Protection of Buyers of Farm Products Other Than Livestock.
                                      
   (1) For purposes of this section, "livestock" means a species of
   livestock such as cattle, hogs, sheep, horses, or poultry used or
   produced in farming operations, that is in the possession of a person
   engaged in farming operations.
   
   (2) Before receiving an instrument in payment for farm products other
   than livestock, the seller shall execute a certificate disclosing the
   names of all lenders, if any, to whom security interests have been
   given in such farm products and provide such certificate to all
   merchants purchasing such products from the seller or commission
   merchants selling such products as an agent for the seller. If no such
   security interests exist, the certificate shall so state. The
   certificate shall include a warning that any false statement as to the
   identity of the lenders is a felony and is punishable by imprisonment
   in the state penitentiary for a period not to exceed three (3) years
   or in the county jail for a period not to exceed one (1) year, or by a
   fine not to exceed Five Hundred Dollars ($500.00).
   
   The certificate shall be substantially in the following form:
   
   STATE OF ______________)
   
   ) SS:
   
   COUNTY OF _____________)
   
   The undersigned is the legal owner of the farm products described
   below being sold to (through)__________________________("Merchant")
   and hereby states that the following listed lender or lenders to whom
   the undersigned has outstanding payment obligations have been given a
   security interest(s) in such farm products:
   
   NAME:__________________________ADDRESS:______________________
   
   NAME:__________________________ADDRESS:______________________
   
   NAME:__________________________ADDRESS:______________________
   
   Description of farm products including the amount of the products
   where applicable, crop year, county, and a reasonable description of
   the property:
   
   ______________________________________________________________
   
   ______________________________________________________________
   
   ______________________________________________________________
   
   ______________________________________________________________
   
   WARNING: ANY UNTRUE STATEMENT AS TO THE IDENTIFICATION OF SUCH LENDERS
   IS A FELONY UNDER OKLAHOMA LAW AND IS PUNISHABLE BY IMPRISONMENT IN
   THE PENITENTIARY FOR A PERIOD NOT EXCEEDING THREE (3) YEARS OR IN THE
   COUNTY JAIL NOT EXCEEDING ONE (1) YEAR, OR BY A FINE NOT TO EXCEED
   FIVE HUNDRED DOLLARS ($500.00).
   
   This form may be witnessed by the merchant or an agent of the merchant
   or it must be notarized by a notary public.
   
   SELLER:____________________________
   
   Print Name:________________________
   
   Social Security Number or Internal
   
   Revenue Service Taxpayer Identification
   
   Number:__________________________
   
   Print Address:_____________________
   
   Signature:_________________________
   
   WITNESS:________________________________________________________
   
   Print Name:_________________________
   
   Signature:__________________________ OR
   
   Subscribed and sworn to before me this _______ day
   
   of ______________, 19__.
   
   ____________________________
   
   Notary Public
   
   My Commission Expires:
   
   ______________________
   

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