Okla. Stat. tit. 12A, § 12A-2-103

This is the official text of Okla. Stat. tit. 12A, § 12A-2-103, 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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Definitions and Index of Definitions

Official statutory text

Definitions and Index of Definitions.

(1) In this article unless the context otherwise requires:

(a) “Buyer” means a person who buys or contracts to buy

goods.

(b) “Receipt” of goods means taking physical possession of

them.

(c) “Seller” means a person who sells or contracts to sell

goods.

(2) Other definitions applying to this article or to specified

parts thereof, and the sections in which they appear are:

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 186

“Acceptance”. Section 2-606 of this title.

“Banker's credit”. Section 2-325 of this title.

“Between merchants”. Section 2-104 of this title.

“Cancellation”. Section 2-106(4) of this title.

“Commercial unit”. Section 2-105 of this title.

“Confirmed credit”. Section 2-325 of this title.

“Conforming to contract”. Section 2-106 of this title.

“Contract for sale”. Section 2-106 of this title.

“Cover”. Section 2-712 of this title.

“Entrusting”. Section 2-403 of this title.

“Financing agency”. Section 2-104 of this title.

“Future goods”. Section 2-105 of this title.

“Goods”. Section 2-105 of this title.

“Identification”. Section 2-501 of this title.

“Installment contract”. Section 2-612 of this title.

“Letter of credit”. Section 2-325 of this title.

“Lot”. Section 2-105 of this title.

“Merchant”. Section 2-104 of this title.

“Overseas”. Section 2-323 of this title.

“Person in position of seller”. Section 2-707 of this title.

“Present sale”. Section 2-106 of this title.

“Sale”. Section 2-106 of this title.

“Sale on approval”. Section 2-326 of this title.

“Sale or return”. Section 2-326 of this title.

“Termination”. Section 2-106 of this title.

(3) “Control” as provided in Section 7-106 of this title and

the following definitions in other articles apply to this article:

“Check”. Section 3-104 of this title.

“Consignee”. Section 7-102 of this title.

“Consignor”. Section 7-102 of this title.

“Consumer goods”. Section 1-9-102 of this title.

“Dishonor”. Section 3-502 of this title.

“Draft”. Section 3-104 of this title.

(4) In addition, Article 1 of this title contains general

definitions and principles of construction and interpretation

applicable throughout this article.

Status: in_force · Read it on the official government site

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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.