Okla. Stat. tit. 12A, § 12A-3-309

This is the official text of Okla. Stat. tit. 12A, § 12A-3-309, 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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Enforcement of Lost, Destroyed, or Stolen Instrument

Official statutory text

ENFORCEMENT OF LOST, DESTROYED, OR STOLEN INSTRUMENT

(a) A person not in possession of an instrument is entitled to

enforce the instrument if:

(1) the person seeking to enforce the instrument:

(A) was entitled to enforce the instrument when loss

of possession occurred; or

(B) has directly or indirectly acquired ownership of

the instrument from a person who was entitled to

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 302

enforce the instrument when loss of possession

occurred;

(2) the loss of possession was not the result of a

transfer by the person or a lawful seizure; and

(3) the person cannot reasonably obtain possession of the

instrument because the instrument was destroyed, its

whereabouts cannot be determined, or it is in the

wrongful possession of an unknown person or a person

that cannot be found or is not amenable to service of

process.

(b) A person seeking enforcement of an instrument under

subsection (a) of this section must prove the terms of the

instrument and the person's right to enforce the instrument. If

that proof is made, Section 3-308 of this title applies to the case

as if the person seeking enforcement had produced the instrument.

The court may not enter judgment in favor of the person seeking

enforcement unless it finds that the person required to pay the

instrument is adequately protected against loss that might occur by

reason of a claim by another person to enforce the instrument.

Adequate protection may be provided by any reasonable means.

Status: in_force · Read it on the official government site

Need a lawyer in Oklahoma?

Find a Oklahoma lawyer
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.