§ 1-9-322. Priorities among conflicting security interests in and agricultural liens on same co...
Oklahoma Statutes AnnotatedTitle 12A. Commercial Code
12A Okl.St.Ann. § 1-9-322
§ 1-9-322. Priorities among conflicting security interests in and agricultural liens on same collateral
Priorities among conflicting security interests in and agricultural liens on same collateral
(1) Conflicting perfected security interests and agricultural liens rank according to priority in time of filing or perfection. Priority dates from the earlier of the time a filing covering the collateral is first made or the security interest or agricultural lien is first perfected, if there is no period thereafter when there is neither filing nor perfection;
(c) Except as otherwise provided in subsection (f) of this section, a security interest in collateral which qualifies for priority over a conflicting security interest under Sections 1-9-327, 1-9-328, 1-9-329, 1-9-330, or 1-9-331 of this title also has priority over a conflicting security interest in:
(d) Subject to subsection (e) of this section and except as otherwise provided in subsection (f) of this section, if a security interest in chattel paper, deposit accounts, negotiable documents, instruments, investment property, or letter-of-credit rights is perfected by a method other than filing, conflicting perfected security interests in proceeds of the collateral rank according to priority in time of filing.
Credits
Laws 2000, c. 371, § 49, eff. July 1, 2001.
12A Okl. St. Ann. § 1-9-322, OK ST T. 12A § 1-9-322
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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