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§ 1-9-110. Security interests arising under Article 2 or 2A

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 9. Secured Transactions (Refs & Annos)
Part 1. General Provisions
12A Okl.St.Ann. § 1-9-110
§ 1-9-110. Security interests arising under Article 2 or 2A
Currentness
Security interests arising under Article 2 or 2A1
A security interest arising under Section 2-401, 2-505, paragraph (3) of Section 2-711, or paragraph (5) of Section 2A-508 of this title is subject to this article. However, until the debtor obtains possession of the goods:
(1) the security interest is enforceable, even if paragraph (3) of subsection (b) of Section 1-9-203 of this title has not been satisfied;
(2) filing is not required to perfect the security interest;
(3) the rights of the secured party after default by the debtor are governed by Article 2 or 2A of this title; and
(4) the security interest has priority over a conflicting security interest created by the debtor.

Credits

Laws 2000, c. 371, § 10, eff. July 1, 2001.

Footnotes

1
Title 12A, § 2-101 et seq. and Title 12A, § 2A-101 et seq.
12A Okl. St. Ann. § 1-9-110, OK ST T. 12A § 1-9-110
Current with emergency effective legislation through Chapter 277 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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