Okla. Stat. tit. 12A, § 12A-1-9-702
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-702, 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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Savings clause
Official statutory text
SAVINGS CLAUSE
(a) Except as otherwise provided in this part, this act applies
to a transaction or lien within its scope, even if the transaction
or lien was entered into or created before this act takes effect.
(b) Except as otherwise provided in subsection (c) of this
section and Sections 1-9-703 through 1-9-709 of this title:
(1) transactions and liens that were not governed by former
Article 9 of this title, were validly entered into or created before
this act takes effect, and would be subject to this act if they had
been entered into or created after this act takes effect, and the
rights, duties, and interests flowing from those transactions and
liens remain valid after this act takes effect; and
(2) the transactions and liens may be terminated, completed,
consummated, and enforced as required or permitted by this act or by
the law that otherwise would apply if this act had not taken effect.
(c) This act does not affect an action, case, or proceeding
commenced before this act takes effect.
(a) Except as otherwise provided in this part, this act applies
to a transaction or lien within its scope, even if the transaction
or lien was entered into or created before this act takes effect.
(b) Except as otherwise provided in subsection (c) of this
section and Sections 1-9-703 through 1-9-709 of this title:
(1) transactions and liens that were not governed by former
Article 9 of this title, were validly entered into or created before
this act takes effect, and would be subject to this act if they had
been entered into or created after this act takes effect, and the
rights, duties, and interests flowing from those transactions and
liens remain valid after this act takes effect; and
(2) the transactions and liens may be terminated, completed,
consummated, and enforced as required or permitted by this act or by
the law that otherwise would apply if this act had not taken effect.
(c) This act does not affect an action, case, or proceeding
commenced before this act takes effect.
Status: in_force · Read it on the official government site
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