Oklahoma § 58-384 - Order of sale - Requirements

§ 58-384. Order of sale - Requirements

When it appears to the court that there is good cause although

the assets of the estate in personalty are sufficient to satisfy all

obligations of the estate or that the estate is insolvent, or that

it will require a sale of all the property of the estate of every

character, chargeable therewith, to pay the family allowance,

Oklahoma Statutes - Title 58. Probate Procedure

expenses of administration and debts, there need be but one petition

filed, but one order of sale made and but one sale had, except in

case of property, which may be sold as provided in Section 387 of

this title. The district court, when a petition for the sale of any

property, for any of the purposes herein named, is presented, must

inquire fully into the probable amount required to make all such

payments, and if there be no more estate chargeable therewith than

sufficient to pay the same, may require but one proceeding for the

sale of the entire available estate. In such case the petition must

set forth all the facts required by Section 412 of this title. When

the sale is sought, although assets of the estate in personalty are

sufficient to satisfy all obligations of the estate, the court may

allow the sale if satisfied that it is in the best interest of the

estate.

R.L.1910, § 6363; Laws 1953, p. 237, § 23; Laws 1976, c. 139, § 2,

eff. Oct. 1, 1976; Laws 1979, c. 258, § 3.