Skip to main content
Loading…
This section is included in your selections.

A. In all civil actions wherein the Nation as plaintiff, has heretofore or may hereafter recover judgment, and where in any such action an execution has or may be issued, the Nation through the officer or officers on whose relation the action was brought, may bid at such execution sale, and buy said property offered for sale, for any amount not to exceed the amount of the judgment in such action and such additional amount as may be approved by the Osage Congress, said amount to be credited upon the judgment.

B. And further, when such property offered for the sale at execution is bought by the Nation, said property may be sold for the Nation by the officer or officers upon whose relation the Nation was party plaintiff, and further provided that at such execution sales the attorney or attorneys representing the Nation may bid for the Nation, not to exceed the amount of the judgment and such additional amount as may be approved by the Osage Congress; provided, however, that said bid is not more than One Hundred Dollars ($100.00) higher than the next best bid, and if there be no other bidder, then not to exceed One Hundred Dollars ($100.00).

C. And further provided that in disposing of such property so acquired, if it be personal property the officer or successor of the officer upon whose relation the Nation was plaintiff may sell said property by executing a good and sufficient bill of sale, to be attested by the Clerk of the Court. And in disposing of any nontrust interest in real property so acquired or any interest or equity therein, the officer or successor in office on whose relation the Nation was party plaintiff may execute in the name of the Nation by said officer a good and sufficient deed, to be attested by the Clerk of the Court; provided, however, that in no event shall any sale be valid under this chapter for any amount less than the amount for which said property was originally bid in by the Nation. The funds obtained upon the sale of any such property shall be placed in the fund for which the judgment was obtained, or if none, then in the Osage Nation Purchases Fund for the purchase of other real property for the Osage Nation. ONCA 07-37, eff. Apr. 23, 2007; ONCA 11-41, eff. Apr. 12, 2011.