Okla. Stat. tit. 12A, § 12A-1-9-110
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-110, 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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Security interests arising under article 2 or 2a
Official statutory text
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 42
SECURITY INTERESTS ARISING UNDER ARTICLE 2 OR 2A
A security interest arising under Section 2-401, 2-505,
paragraph (3) of Section 2-711, or paragraph (5) of
Section 2A-508 of this title is subject to this article.
However, until the debtor obtains possession of the
goods:
(1) the security interest is enforceable, even if paragraph (3)
of subsection (b) of Section 1-9-203 of this title has not been
satisfied;
(2) filing is not required to perfect the security interest;
(3) the rights of the secured party after default by the debtor
are governed by Article 2 or 2A of this title; and
(4) the security interest has priority over a conflicting
security interest created by the debtor.
SECURITY INTERESTS ARISING UNDER ARTICLE 2 OR 2A
A security interest arising under Section 2-401, 2-505,
paragraph (3) of Section 2-711, or paragraph (5) of
Section 2A-508 of this title is subject to this article.
However, until the debtor obtains possession of the
goods:
(1) the security interest is enforceable, even if paragraph (3)
of subsection (b) of Section 1-9-203 of this title has not been
satisfied;
(2) filing is not required to perfect the security interest;
(3) the rights of the secured party after default by the debtor
are governed by Article 2 or 2A of this title; and
(4) the security interest has priority over a conflicting
security interest created by the debtor.
Status: in_force · Read it on the official government site
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