Okla. Stat. tit. 12A, § 12A-1-9-623
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-623, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Right to redeem collateral
Official statutory text
RIGHT TO REDEEM COLLATERAL
(a) A debtor, any secondary obligor, or any other secured party
or lienholder may redeem collateral.
(b) To redeem collateral, a person shall tender:
(1) fulfillment of all obligations secured by the collateral;
and
(2) the reasonable expenses and attorney’s fees described in
paragraph (1) of subsection (a) of Section 1-9-615 of this title.
(c) A redemption may occur at any time before a secured party:
(1) has collected collateral under Section 1-9-607 of this
title;
(2) has disposed of collateral or entered into a contract for
its disposition under Section 1-9-610 of this title; or
(3) has accepted collateral in full or partial satisfaction of
the obligation it secures under Section 1-9-622 of this title.
(a) A debtor, any secondary obligor, or any other secured party
or lienholder may redeem collateral.
(b) To redeem collateral, a person shall tender:
(1) fulfillment of all obligations secured by the collateral;
and
(2) the reasonable expenses and attorney’s fees described in
paragraph (1) of subsection (a) of Section 1-9-615 of this title.
(c) A redemption may occur at any time before a secured party:
(1) has collected collateral under Section 1-9-607 of this
title;
(2) has disposed of collateral or entered into a contract for
its disposition under Section 1-9-610 of this title; or
(3) has accepted collateral in full or partial satisfaction of
the obligation it secures under Section 1-9-622 of this title.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
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.