Okla. Stat. tit. 12A, § 12A-1-9-314

This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-314, 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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Perfection by control

Official statutory text

PERFECTION BY CONTROL

(a) A security interest in controllable accounts, controllable

electronic records, controllable payment intangibles, deposit

accounts, electronic documents, investment property, or letter-of-

credit rights may be perfected by control of the collateral under

Section 7-106, 1-9-104, 1-9-106, 1-9-107, or 1-9-107A of this title.

(b) A security interest in controllable accounts, controllable

electronic records, controllable payment intangibles, deposit

accounts, electronic documents, or letter-of-credit rights is

perfected by control under Section 1-9-104, 1-9-107, or 1-9-107A of

this title not earlier than the time the secured party obtains

control and remains perfected by control only while the secured

party retains control.

(c) A security interest in investment property is perfected by

control under Section 1-9-106 of this title not earlier than the

time the secured party obtains control and remains perfected by

control until:

(1) the secured party does not have control; and

(2) one of the following occurs:

(A) if the collateral is a certificated security, the

debtor has or acquires possession of the security

certificate;

(B) if the collateral is an uncertificated security, the

issuer has registered or registers the debtor as the

registered owner; or

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 65

(C) if the collateral is a security entitlement, the

debtor is or becomes the entitlement holder.

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.