Okla. Stat. tit. 12A, § 12A-12-102

DEFINITIONS

(a) In this article, unless the context otherwise requires:

(1) "Controllable electronic record" means a record stored in

an electronic medium that can be subjected to control under Section

12-105 of this title. The term does not include a controllable

account, a controllable payment intangible, a deposit account, an

electronic copy of a record evidencing chattel paper, an electronic

document of title, investment property, a transferable record, or an

electronic record that is a medium of exchange currently authorized

or adopted by a domestic or foreign government and is not a medium

of exchange that was recorded and transferable in a system that

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 464

existed and operated for the medium of exchange before the medium of

exchange was authorized or adopted by the government.

(2) "Qualifying purchaser" means a purchaser of a controllable

electronic record or an interest in a controllable electronic record

that obtains control of the controllable electronic record for

value, in good faith, and without notice of a claim of a property

right in the controllable electronic record.

(3) "Transferable record" has the meaning provided for that

term in:

(A) Section 201(a)(1) of the Electronic Signatures in

Global and National Commerce Act, 15 U.S.C., Section

7021(a)(1); or

(B) Subsection (a) of Section 15-116 of Title 12A of the

Oklahoma Statutes.

(4) "Value" has the same meaning as provided in subsection (a)

of Section 3-303 of this title, as if references in that subsection

to an "instrument" were references to a controllable account,

controllable electronic record, or controllable payment intangible.

(b) The definitions in Article 9 of this title of "account

debtor", "controllable account", "controllable payment intangible",

"chattel paper", "deposit account", and "investment property" apply

to this article.

(c) Article 1 of this title contains general definitions and

principles of construction and interpretation applicable throughout

this article.