Okla. Stat. tit. 12A, § 12A-1-9-335

This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-335, 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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Accessions

Official statutory text

ACCESSIONS

(a) A security interest may be created in an accession and

continues in collateral that becomes an accession.

(b) If a security interest is perfected when the collateral

becomes an accession, the security interest remains perfected in the

collateral.

(c) Except as otherwise provided in subsection (d) of this

section, the other provisions of this part determine the priority of

a security interest in an accession.

(d) A security interest in an accession is subordinate to a

security interest in the whole which is perfected by compliance with

the requirements of a certificate-of-title statute under subsection

(b) of Section 1-9-311 of this title.

(e) After default, subject to Part 6 of this article, a secured

party may remove an accession from other goods if the security

interest in the accession has priority over the claims of every

person having an interest in the whole.

(f) A secured party that removes an accession from other goods

under subsection (e) of this section shall promptly reimburse any

holder of a security interest or other lien on, or owner of, the

whole or of the other goods, other than the debtor, for the cost of

repair of any physical injury to the whole or the other goods. The

secured party need not reimburse the holder or owner for any

diminution in value of the whole or the other goods caused by the

absence of the accession removed or by any necessity for replacing

it. A person entitled to reimbursement may refuse permission to

remove until the secured party gives adequate assurance for the

performance of the obligation to reimburse.

Status: in_force · Read it on the official government site

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