§ 1-9-304. Law governing perfection and priority of security interests in deposit accounts
Oklahoma Statutes AnnotatedTitle 12A. Commercial Code
12A Okl.St.Ann. § 1-9-304
§ 1-9-304. Law governing perfection and priority of security interests in deposit accounts
(a) The local law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank.
(3) If neither paragraph (1) nor paragraph (2) of this subsection applies and an agreement between the bank and its customer governing the deposit account expressly provides that the deposit account is maintained at an office in a particular jurisdiction, that jurisdiction is the bank's jurisdiction.
Credits
Laws 2000, c. 371, § 24, eff. July 1, 2001; Laws 2004, c. 153, § 3, eff. Nov. 1, 2004.
12A Okl. St. Ann. § 1-9-304, OK ST T. 12A § 1-9-304
Current with emergency effective legislation through Chapter 182 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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