Okla. Stat. tit. 12A, § 12A-1-9-505
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-505, 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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Filing and compliance with other statutes and
Official statutory text
treaties for consignments, leases, other bailments, and other
transactions.
FILING AND COMPLIANCE WITH OTHER STATUTES AND TREATIES FOR
CONSIGNMENTS, LEASES, OTHER BAILMENTS, AND OTHER TRANSACTIONS
(a) A consignor, lessor, or other bailor of goods, a licensor,
or a buyer of a payment intangible or promissory note may file a
financing statement, or may comply with a statute or treaty
described in subsection (a) of Section 1-9-311 of this title, using
the terms “consignor”, “consignee”, “lessor”, “lessee”, “bailor”,
“bailee”, “licensor”, “licensee”, “owner”, “registered owner”,
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 110
“buyer”, “seller”, or words of similar import, instead of the terms
“secured party” and “debtor”.
(b) This part applies to the filing of a financing statement
under subsection (a) of this section and, as appropriate, to
compliance that is equivalent to filing a financing statement under
subsection (b) of Section 1-9-311 of this title, but the filing or
compliance is not of itself a factor in determining whether the
collateral secures an obligation. If it is determined for another
reason that the collateral secures an obligation, a security
interest held by the consignor, lessor, bailor, licensor, owner, or
buyer which attaches to the collateral is perfected by the filing or
compliance.
transactions.
FILING AND COMPLIANCE WITH OTHER STATUTES AND TREATIES FOR
CONSIGNMENTS, LEASES, OTHER BAILMENTS, AND OTHER TRANSACTIONS
(a) A consignor, lessor, or other bailor of goods, a licensor,
or a buyer of a payment intangible or promissory note may file a
financing statement, or may comply with a statute or treaty
described in subsection (a) of Section 1-9-311 of this title, using
the terms “consignor”, “consignee”, “lessor”, “lessee”, “bailor”,
“bailee”, “licensor”, “licensee”, “owner”, “registered owner”,
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 110
“buyer”, “seller”, or words of similar import, instead of the terms
“secured party” and “debtor”.
(b) This part applies to the filing of a financing statement
under subsection (a) of this section and, as appropriate, to
compliance that is equivalent to filing a financing statement under
subsection (b) of Section 1-9-311 of this title, but the filing or
compliance is not of itself a factor in determining whether the
collateral secures an obligation. If it is determined for another
reason that the collateral secures an obligation, a security
interest held by the consignor, lessor, bailor, licensor, owner, or
buyer which attaches to the collateral is perfected by the filing or
compliance.
Status: in_force · Read it on the official government site
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