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§ 1-9-518. Claim concerning inaccurate or wrongfully filed record

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 9. Secured Transactions (Refs & Annos)
Part 5. Filing
12A Okl.St.Ann. § 1-9-518
§ 1-9-518. Claim concerning inaccurate or wrongfully filed record
CLAIM CONCERNING INACCURATE OR WRONGFULLY FILED RECORD
(a) A person may file in the filing office an information statement with respect to a record indexed thereunder the person's name if the person believes that the record is inaccurate or was wrongfully filed.
(b) An information statement under subsection (a) of this section must:
(1) identify the record to which it relates by:
(A) the file number of the initial financing statement to which the record relates; and
(B) if the information statement relates to a record filed or recorded in a filing office described in paragraph (1) of subsection (a) of Section 1-9-501 of this title, the file number, the date that the initial financing statement was filed or recorded, and the information specified in subsection (b) of Section 1-9-502 of this title;
(2) indicate that it is an information statement; and
(3) provide the basis for the person's belief that the record is inaccurate and indicate the manner in which the person believes the record should be amended to cure any inaccuracy or provide the basis for the person's belief that the record was wrongfully filed.
(c) A person may file in the filing office an information statement with respect to a record filed there if the person is a secured party of record with respect to the financing statement to which the record relates and believes that the person that filed the record was not entitled to do so under subsection (d) of Section 1-9-509 of this title.
(d) An information statement under subsection (c) of this section must:
(1) identify the record to which it relates by:
(A) the file number assigned to the initial financing statement to which the record relates; and
(B) if the statement relates to a record filed or recorded in a filing office described in paragraph (1) of subsection (a) of Section 1-9-501 of this title, the date that the initial financing statement was filed or recorded and the information specified in subsection (b) of Section 1-9-502 of this title;
(2) indicate that it is an information statement; and
(3) provide the basis for the person's belief that the person that filed the record was not entitled to do so under subsection (d) of Section 1-9-509 of this title.
(e) The filing of an information statement does not affect the effectiveness of an initial financing statement or other filed record.

Credits

Laws 2000, c. 371, § 96, eff. July 1, 2001; Laws 2015, c. 374, § 14, eff. Nov. 1, 2015.
12A Okl. St. Ann. § 1-9-518, OK ST T. 12A § 1-9-518
Current with emergency effective legislation through Chapter 378 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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