Okla. Stat. tit. 12A, § 12A-1-9-307
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-307, 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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Location of debtor
Official statutory text
LOCATION OF DEBTOR
(a) In this section, "place of business" means a place where a
debtor conducts its affairs.
(b) Except as otherwise provided in this section, the following
rules determine a debtor's location:
(1) A debtor who is an individual is located at the
individual's principal residence;
(2) A debtor that is an organization and has only one place of
business is located at its place of business; and
(3) A debtor that is an organization and has more than one
place of business is located at its chief executive office.
(c) Subsection (b) of this section applies only if a debtor's
residence, place of business, or chief executive office, as
applicable, is located in a jurisdiction whose law generally
requires information concerning the existence of a nonpossessory
security interest to be made generally available in a filing,
recording, or registration system as a condition or result of the
security interest's obtaining priority over the rights of a lien
creditor with respect to the collateral. If subsection (b) of this
section does not apply, the debtor is located in the District of
Columbia.
(d) A person that ceases to exist, have a residence, or have a
place of business continues to be located in the jurisdiction
specified by subsections (b) and (c) of this section.
(e) A registered organization that is organized under the law
of a state is located in that state.
(f) Except as otherwise provided in subsection (i) of this
section, a registered organization that is organized under the law
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 57
of the United States and a branch or agency of a bank that is not
organized under the law of the United States or a state are located:
(1) in the state that the law of the United States designates,
if the law designates a state of location;
(2) in the state that the registered organization, branch, or
agency designates, if the law of the United States authorizes the
registered organization, branch, or agency to designate its state of
location, including by designating its main office, home office, or
other comparable office; or
(3) in the District of Columbia, if neither paragraph (1) nor
paragraph (2) of this subsection applies.
(g) A registered organization continues to be located in the
jurisdiction specified by subsection (e) or (f) of this section
notwithstanding:
(1) the suspension, revocation, forfeiture, or lapse of the
registered organization's status as such in its jurisdiction of
organization; or
(2) the dissolution, winding up, or cancellation of the
existence of the registered organization.
(h) The United States is located in the District of Columbia.
(i) A branch or agency of a bank that is not organized under
the law of the United States or a state is located in the state in
which the branch or agency is licensed, if all branches and agencies
of the bank are licensed in only one state.
(j) A foreign air carrier under the Federal Aviation Act of
1958, as amended, is located at the designated office of the agent
upon which service of process may be made on behalf of the carrier.
(k) This section applies only for purposes of this part.
(a) In this section, "place of business" means a place where a
debtor conducts its affairs.
(b) Except as otherwise provided in this section, the following
rules determine a debtor's location:
(1) A debtor who is an individual is located at the
individual's principal residence;
(2) A debtor that is an organization and has only one place of
business is located at its place of business; and
(3) A debtor that is an organization and has more than one
place of business is located at its chief executive office.
(c) Subsection (b) of this section applies only if a debtor's
residence, place of business, or chief executive office, as
applicable, is located in a jurisdiction whose law generally
requires information concerning the existence of a nonpossessory
security interest to be made generally available in a filing,
recording, or registration system as a condition or result of the
security interest's obtaining priority over the rights of a lien
creditor with respect to the collateral. If subsection (b) of this
section does not apply, the debtor is located in the District of
Columbia.
(d) A person that ceases to exist, have a residence, or have a
place of business continues to be located in the jurisdiction
specified by subsections (b) and (c) of this section.
(e) A registered organization that is organized under the law
of a state is located in that state.
(f) Except as otherwise provided in subsection (i) of this
section, a registered organization that is organized under the law
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 57
of the United States and a branch or agency of a bank that is not
organized under the law of the United States or a state are located:
(1) in the state that the law of the United States designates,
if the law designates a state of location;
(2) in the state that the registered organization, branch, or
agency designates, if the law of the United States authorizes the
registered organization, branch, or agency to designate its state of
location, including by designating its main office, home office, or
other comparable office; or
(3) in the District of Columbia, if neither paragraph (1) nor
paragraph (2) of this subsection applies.
(g) A registered organization continues to be located in the
jurisdiction specified by subsection (e) or (f) of this section
notwithstanding:
(1) the suspension, revocation, forfeiture, or lapse of the
registered organization's status as such in its jurisdiction of
organization; or
(2) the dissolution, winding up, or cancellation of the
existence of the registered organization.
(h) The United States is located in the District of Columbia.
(i) A branch or agency of a bank that is not organized under
the law of the United States or a state is located in the state in
which the branch or agency is licensed, if all branches and agencies
of the bank are licensed in only one state.
(j) A foreign air carrier under the Federal Aviation Act of
1958, as amended, is located at the designated office of the agent
upon which service of process may be made on behalf of the carrier.
(k) This section applies only for purposes of this part.
Status: in_force · Read it on the official government site
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