Okla. Stat. tit. 12A, § 12A-1-9-210
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-210, 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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Request for accounting; request regarding list of
Official statutory text
collateral or statement of account.
REQUEST FOR ACCOUNTING; REQUEST REGARDING
LIST OF COLLATERAL OR STATEMENT OF ACCOUNT
(a) In this section:
(1) "Request" means a record of a type described in paragraph
(2), (3), or (4) of this subsection.
(2) "Request for an accounting" means a record signed by a
debtor requesting that the recipient provide an accounting of the
unpaid obligations secured by collateral and reasonably identifying
the transaction or relationship that is the subject of the request.
(3) "Request regarding a list of collateral" means a record
signed by a debtor requesting that the recipient approve or correct
a list of what the debtor believes to be the collateral securing an
obligation and reasonably identifying the transaction or
relationship that is the subject of the request.
(4) "Request regarding a statement of account" means a record
signed by a debtor requesting that the recipient approve or correct
a statement indicating what the debtor believes to be the aggregate
amount of unpaid obligations secured by collateral as of a specified
date and reasonably identifying the transaction or relationship that
is the subject of the request.
(b) Subject to subsections (c), (d), (e), and (f) of this
section, a secured party, other than a buyer of accounts, chattel
paper, payment intangibles, or promissory notes or a consignor,
shall comply with a request within fourteen (14) days after receipt:
(1) in the case of a request for an accounting, by signing and
sending to the debtor an accounting; and
(2) in the case of a request regarding a list of collateral or
a request regarding a statement of account, by signing and sending
to the debtor an approval or correction.
(c) A secured party that claims a security interest in all of a
particular type of collateral owned by the debtor may comply with a
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 50
request regarding a list of collateral by sending to the debtor a
signed record including a statement to that effect within fourteen
(14) days after receipt.
(d) A person that receives a request regarding a list of
collateral, claims no interest in the collateral when it receives
the request, and claimed an interest in the collateral at an earlier
time shall comply with the request within fourteen (14) days after
receipt by sending to the debtor a signed record:
(1) disclaiming any interest in the collateral; and
(2) if known to the recipient, providing the name and mailing
address of any assignee of or successor to the recipient's interest
in the collateral.
(e) A person that receives a request for an accounting or a
request regarding a statement of account, claims no interest in the
obligations when it receives the request, and claimed an interest in
the obligations at an earlier time shall comply with the request
within fourteen (14) days after receipt by sending to the debtor a
signed record:
(1) disclaiming any interest in the obligations; and
(2) if known to the recipient, providing the name and mailing
address of any assignee of or successor to the recipient's interest
in the obligations.
(f) A debtor is entitled without charge to one response to a
request under this section during any six-month period. The secured
party may require payment of a charge not exceeding Twenty-five
Dollars ($25.00) for each additional response.
REQUEST FOR ACCOUNTING; REQUEST REGARDING
LIST OF COLLATERAL OR STATEMENT OF ACCOUNT
(a) In this section:
(1) "Request" means a record of a type described in paragraph
(2), (3), or (4) of this subsection.
(2) "Request for an accounting" means a record signed by a
debtor requesting that the recipient provide an accounting of the
unpaid obligations secured by collateral and reasonably identifying
the transaction or relationship that is the subject of the request.
(3) "Request regarding a list of collateral" means a record
signed by a debtor requesting that the recipient approve or correct
a list of what the debtor believes to be the collateral securing an
obligation and reasonably identifying the transaction or
relationship that is the subject of the request.
(4) "Request regarding a statement of account" means a record
signed by a debtor requesting that the recipient approve or correct
a statement indicating what the debtor believes to be the aggregate
amount of unpaid obligations secured by collateral as of a specified
date and reasonably identifying the transaction or relationship that
is the subject of the request.
(b) Subject to subsections (c), (d), (e), and (f) of this
section, a secured party, other than a buyer of accounts, chattel
paper, payment intangibles, or promissory notes or a consignor,
shall comply with a request within fourteen (14) days after receipt:
(1) in the case of a request for an accounting, by signing and
sending to the debtor an accounting; and
(2) in the case of a request regarding a list of collateral or
a request regarding a statement of account, by signing and sending
to the debtor an approval or correction.
(c) A secured party that claims a security interest in all of a
particular type of collateral owned by the debtor may comply with a
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 50
request regarding a list of collateral by sending to the debtor a
signed record including a statement to that effect within fourteen
(14) days after receipt.
(d) A person that receives a request regarding a list of
collateral, claims no interest in the collateral when it receives
the request, and claimed an interest in the collateral at an earlier
time shall comply with the request within fourteen (14) days after
receipt by sending to the debtor a signed record:
(1) disclaiming any interest in the collateral; and
(2) if known to the recipient, providing the name and mailing
address of any assignee of or successor to the recipient's interest
in the collateral.
(e) A person that receives a request for an accounting or a
request regarding a statement of account, claims no interest in the
obligations when it receives the request, and claimed an interest in
the obligations at an earlier time shall comply with the request
within fourteen (14) days after receipt by sending to the debtor a
signed record:
(1) disclaiming any interest in the obligations; and
(2) if known to the recipient, providing the name and mailing
address of any assignee of or successor to the recipient's interest
in the obligations.
(f) A debtor is entitled without charge to one response to a
request under this section during any six-month period. The secured
party may require payment of a charge not exceeding Twenty-five
Dollars ($25.00) for each additional response.
Status: in_force · Read it on the official government site
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