Okla. Stat. tit. 12A, § 12A-1-9-314A
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-314A, 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 possession and control of chattel
Official statutory text
paper.
PERFECTION BY POSSESSION AND CONTROL OF CHATTEL PAPER
(a) A secured party may perfect a security interest in chattel
paper by taking possession of each authoritative tangible copy of
the record evidencing the chattel paper and obtaining control of
each authoritative electronic copy of the electronic record
evidencing the chattel paper.
(b) A security interest is perfected under subsection (a) of
this section not earlier than the time the secured party takes
possession and obtains control and remains perfected under
subsection (a) of this section only while the secured party retains
possession and control.
(c) Subsections (c) and (f) through (i) of Section 1-9-313 of
this title apply to perfection by possession of an authoritative
tangible copy of a record evidencing chattel paper.
PERFECTION BY POSSESSION AND CONTROL OF CHATTEL PAPER
(a) A secured party may perfect a security interest in chattel
paper by taking possession of each authoritative tangible copy of
the record evidencing the chattel paper and obtaining control of
each authoritative electronic copy of the electronic record
evidencing the chattel paper.
(b) A security interest is perfected under subsection (a) of
this section not earlier than the time the secured party takes
possession and obtains control and remains perfected under
subsection (a) of this section only while the secured party retains
possession and control.
(c) Subsections (c) and (f) through (i) of Section 1-9-313 of
this title apply to perfection by possession of an authoritative
tangible copy of a record evidencing chattel paper.
Status: in_force · Read it on the official government site
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