Okla. Stat. tit. 12A, § 12A-1-9-803
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-803, 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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Security interest perfected before effective date
Official statutory text
SECURITY INTEREST PERFECTED BEFORE EFFECTIVE DATE
(a) A security interest that is a perfected security interest
immediately before this act takes effect is a perfected security
interest under Article 9 of the Uniform Commercial Code as amended
by this act if, when this act takes effect on November 1, 2015, the
applicable requirements for attachment and perfection under Article
9 of the Uniform Commercial Code as amended by this act are
satisfied without further action.
(b) Except as otherwise provided in Section 21 of this act, if,
immediately before this act takes effect, a security interest is a
perfected security interest, but the applicable requirements for
perfection under Article 9 of the Uniform Commercial Code as amended
by this act are not satisfied when this act takes effect on November
1, 2015, the security interest remains perfected thereafter only if
the applicable requirements for perfection under Article 9 of the
Uniform Commercial Code as amended by this act are satisfied within
one (1) year after this act takes effect.
(a) A security interest that is a perfected security interest
immediately before this act takes effect is a perfected security
interest under Article 9 of the Uniform Commercial Code as amended
by this act if, when this act takes effect on November 1, 2015, the
applicable requirements for attachment and perfection under Article
9 of the Uniform Commercial Code as amended by this act are
satisfied without further action.
(b) Except as otherwise provided in Section 21 of this act, if,
immediately before this act takes effect, a security interest is a
perfected security interest, but the applicable requirements for
perfection under Article 9 of the Uniform Commercial Code as amended
by this act are not satisfied when this act takes effect on November
1, 2015, the security interest remains perfected thereafter only if
the applicable requirements for perfection under Article 9 of the
Uniform Commercial Code as amended by this act are satisfied within
one (1) year after this act takes effect.
Status: in_force · Read it on the official government site
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