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Okla. Stat. tit. 12A, § 12A-1-9-109

This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-109, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.

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Scope of article

Official statutory text

SCOPE OF ARTICLE

(a) Except as otherwise provided in subsections (c) and (d) of

this section, this article applies to:

(1) a transaction, regardless of its form, that creates a

security interest in personal property or fixtures by contract;

(2) an agricultural lien;

(3) a sale of accounts, chattel paper, payment intangibles, or

promissory notes;

(4) a consignment;

(5) a security interest arising under Section 2-401, Section 2-

505, paragraph (3) of Section 2-711, or paragraph (5) of Section 2A-

508 of this title, as provided in Section 1-9-110 of this title; and

(6) a security interest arising under Section 4-210 or 5-118 of

this title.

(b) The application of this article to a security interest in a

secured obligation is not affected by the fact that the obligation

is itself secured by a transaction or interest to which this article

does not apply.

(c) This article does not apply to the extent that:

(1) a statute, regulation, or treaty of the United States

preempts this article;

(2) another statute of this state expressly governs the

creation, perfection, priority, or enforcement of a security

interest created by this state or a governmental unit of this state;

(3) a statute of another state, a foreign country, or a

governmental unit of another state or a foreign country, other than

a statute generally applicable to security interests, expressly

governs creation, perfection, priority, or enforcement of a security

interest created by the state, country, or governmental unit; or

(4) the rights of a transferee beneficiary or nominated person

under a letter of credit are independent and superior under Section

5-114 of this title.

(d) This article does not apply to:

(1) a landlord’s lien, other than an agricultural lien;

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 41

(2) a lien, other than an agricultural lien, given by statute

or other rule of law for services or materials, but Section 1-9-333

of this title applies with respect to priority of the lien;

(3) an assignment of a claim for wages, salary, or other

compensation of an employee;

(4) a sale of accounts, chattel paper, payment intangibles, or

promissory notes as part of a sale of the business out of which they

arose;

(5) an assignment of accounts, chattel paper, payment

intangibles, or promissory notes which is for the purpose of

collection only;

(6) an assignment of a right to payment under a contract to an

assignee that is also obligated to perform under the contract;

(7) an assignment of a single account, payment intangible, or

promissory note to an assignee in full or partial satisfaction of a

preexisting indebtedness;

(8) a transfer of an interest in or an assignment of a claim

under a policy of insurance, other than an assignment by or to a

health-care provider of a health-care-insurance receivable and any

subsequent assignment of the right to payment, but Sections 1-9-315

and 1-9-322 of this title apply with respect to proceeds and

priorities in proceeds;

(9) an assignment of a right represented by a judgment, other

than a judgment taken on a right to payment that was collateral;

(10) a right of recoupment or set-off, but:

(A) Section 1-9-340 of this title applies with respect to

the effectiveness of rights of recoupment or set-off

against deposit accounts; and

(B) Section 1-9-404 of this title applies with respect to

defenses or claims of an account debtor;

(11) the creation or transfer of an interest in or lien on real

property, including a lease or rents thereunder, except to the

extent that provision is made for:

(A) liens on real property in Sections 1-9-203 and 1-9-308

of this title;

(B) fixtures in Section 1-9-334 of this title;

(C) fixture filings in Sections 1-9-501, 1-9-502, 1-9-512,

1-9-516, and 1-9-519 of this title; and

(D) security agreements covering personal and real

property in Section 1-9-604 of this title; or
lease or rents thereunder, except to the

extent that provision is made for:

(A) liens on real property in Sections 1-9-203 and 1-9-308

of this title;

(B) fixtures in Section 1-9-334 of this title;

(C) fixture filings in Sections 1-9-501, 1-9-502, 1-9-512,

1-9-516, and 1-9-519 of this title; and

(D) security agreements covering personal and real

property in Section 1-9-604 of this title; or

(12) an assignment of a claim arising in tort, other than a

commercial tort claim, but Sections 1-9-315 and 1-9-322 of this

title apply with respect to proceeds and priorities in proceeds.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.