Okla. Stat. tit. 12A, § 12A-8-303

This is the official text of Okla. Stat. tit. 12A, § 12A-8-303, 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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Protected Purchaser

Official statutory text

Protected Purchaser.

(a) "Protected purchaser" means a purchaser of a certificated

or uncertificated security, or of an interest therein, who:

(1) gives value;

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 441

(2) does not have notice of any adverse claim to the

security; and

(3) obtains control of the certificated or uncertificated

security.

(b) A protected purchaser acquires its interest in the security

free of any adverse claim.

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.