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§ 1573.1.Replevin Bond - Value

Chapter 31: Replevin · Last amended May 30, 1977 · Last verified August 3, 2026

In one sentenceLets either party request a hearing, at the time of executing the replevin bond or later, to set the true value of the property being replevied, and makes the court's determined value -- rather than the value stated in the petition -- control the bond amounts required under Sections 1573 and 1577.

Full Text of § 1573.1

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On application of either party which is made at the time of executing the replevin bond or the redelivery bond, or at a later date, with notice to the adverse party, the court may hold a hearing to determine the value of the property which the plaintiff seeks to replevy. If the value as determined by the court is different from that stated in the petition, the value as determined by the court shall control for the purpose of Sections 1573 and 1577 of this title.

Amendment History

Added by Laws 1976, SB 460, c. 71, §3, emerg. eff. 4/26/1976; Amended by Laws 1977, SB 157, c. 96, §2, emerg. eff. 5/30/1977.

Plain-English Summary

Section 1573.1 lets a party challenge the property's stated value instead of being stuck with whatever figure the petition names. Either party can ask, when executing the replevin bond or the redelivery bond, or afterward with notice to the other side, for a hearing on the property's true value.

If the court sets a different value than what's stated in the petition, that court-determined value controls for figuring the bond amounts required under both Section 1573 and Section 1577.

Frequently Asked Questions

Can I challenge the value stated in a replevin petition?

Yes. Either party may request a hearing on the property's value, either when executing the bond or at a later date with notice to the other side.

What happens if the court sets a different value than the petition?

The court's determined value controls for purposes of the bond amounts required under Sections 1573 and 1577.

Does this affect both the plaintiff's and defendant's bonds?

Yes, since it controls the value used for both the plaintiff's undertaking under Section 1573 and the defendant's redelivery bond under Section 1577.

Source & verification. Section text is reproduced verbatim from Title 12 of the Oklahoma Statutes, enacted by the Oklahoma Legislature. Last verified August 3, 2026. · Official source
Also known as: dispute value of replevin property oklahoma12 O.S. § 1573.1hearing to determine property value replevinreplevin bond value hearing