How do you place a dollar value on your horse? This is something you may need to do for a variety of reasons such as to insure your horse, sell your horse, or maybe to claim damages in the event of a law suit... While there is no hard and fast formula for computing a…
Oklahoma has enacted certain protections for “livestock activities sponsors, participants and livestock professionals” by limiting civil liability for injuries inherent to such activities. An earlier blog on the Livestock Liability Limitation Act gave a general overview of what is protected by statute and what is not. In this blog I will discuss liability releases or…
Like may other States, Oklahoma recognizes “the state and its citizens derive numerous economic and personal benefits from livestock activities [including equine activities].” OK ST T. 76 § 50.1. As a result, the legislature enacted certain protections for “livestock activities sponsors, participants and livestock professionals” by limiting civil liability for injuries inherent to such activities.…
Just a very quick blog post today as I sit here in the airport in Roanoke, VA. I know I promised my next blog would discuss liability releases and waivers. I will post that in the very near future, but did you know that to enforce a horse sale transaction $500 and over it must…
In my last blog, I shared with you a basic overview of how the risk of loss passes from a “Merchant” Seller to the Buyer in a horse purchase transaction. As promised, this blog will outline how the risk of loss passes to the Buyer when the Seller is NOT a “Merchant.” To review, as…
As mentioned in my earlier blog post, in Oklahoma, selling horses is governed by statute and is considered a “sale of goods.” You may ask why does that matter? Well, it can matter for a number of reasons, but for the purposes of this blog post, it matters because risk of loss is treated differently…
In Oklahoma, selling a horse is considered to be a "sale of goods" and is governed by statute. This is true whether you have a written sales contract or just an oral agreement. For purposes of this blog post, I am using agreement and contract interchangeably. Oklahoma Statutes Title 12A: Uniform Commercial Code Things to consider…
Oklahoma Equine Law 