Okla. Stat. tit. 12A, § 12A-2-402
This is the official text of Okla. Stat. tit. 12A, § 12A-2-402, 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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Rights of Seller's Creditors Against Sold Goods
Official statutory text
(1) Except as provided in subsections (2) and (3), rights of
unsecured creditors of the seller with respect to goods which have
been identified to a contract for sale are subject to the buyer's
rights to recover the goods under this article (Sections 2-502 and
2-716).
(2) A creditor of the seller may treat a sale or an
identification of goods to a contract for sale as void if as against
him a retention of possession by the seller is fraudulent under any
rule of law of the state where the goods are situated, except that
retention of possession in good faith and current course of trade by
a merchant-seller for a commercially reasonable time after a sale or
identification is not fraudulent.
(3) Nothing this article shall be deemed to impair the rights of
creditors of the seller.
(a) under the provisions of the article on Secured
Transactions (Article 9); or
(b) where identification to the contract or delivery is
made not in current course of trade but in satisfaction of or as
security for a pre-existing claim for money, security or the like
and is made under circumstances which under any rule of law of the
state where the goods are situated would apart from this article
constitute the transaction a fraudulent transfer or voidable
preference.
unsecured creditors of the seller with respect to goods which have
been identified to a contract for sale are subject to the buyer's
rights to recover the goods under this article (Sections 2-502 and
2-716).
(2) A creditor of the seller may treat a sale or an
identification of goods to a contract for sale as void if as against
him a retention of possession by the seller is fraudulent under any
rule of law of the state where the goods are situated, except that
retention of possession in good faith and current course of trade by
a merchant-seller for a commercially reasonable time after a sale or
identification is not fraudulent.
(3) Nothing this article shall be deemed to impair the rights of
creditors of the seller.
(a) under the provisions of the article on Secured
Transactions (Article 9); or
(b) where identification to the contract or delivery is
made not in current course of trade but in satisfaction of or as
security for a pre-existing claim for money, security or the like
and is made under circumstances which under any rule of law of the
state where the goods are situated would apart from this article
constitute the transaction a fraudulent transfer or voidable
preference.
Status: in_force · Read it on the official government site
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