Oklahoma § 12A-1-9-314A Perfection by possession and control of chattel

Oklahoma Statutes

§ 12A-1-9-314A — Perfection by possession and control of chattel

Oklahoma § 12A-1-9-314A

Title 12AUniform Commercial Code

This text of Oklahoma § 12A-1-9-314A (Perfection by possession and control of chattel) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 12A, § 12A-1-9-314A (2026).

Text

paper. PERFECTION BY POSSESSION AND CONTROL OF CHATTEL PAPER (a) A secured party may perfect a security interest in chattel paper by taking possession of each authoritative tangible copy of the record evidencing the chattel paper and obtaining control of each authoritative electronic copy of the electronic record evidencing the chattel paper.

(b)A security interest is perfected under subsection (a) of this section not earlier than the time the secured party takes possession and obtains control and remains perfected under subsection (a) of this section only while the secured party retains possession and control.

(c)Subsections (c) and (f) through (i) of Section 1-9-313 of this title apply to perfection by possession of an authoritative tangible copy of a record evidencing chattel paper.

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paper. PERFECTION BY POSSESSION AND CONTROL OF CHATTEL PAPER (a) A secured party may perfect a security interest in chattel paper by taking possession of each authoritative tangible copy of the record evidencing the chattel paper and obtaining control of each authoritative electronic copy of the electronic record evidencing the chattel paper. (b) A security interest is perfected under subsection (a) of this section not earlier than the time the secured party takes possession and obtains control and remains perfected under subsection (a) of this section only while the secured party retains possession and control. (c) Subsections (c) and (f) through (i) of Section 1-9-313 of this title apply to perfection by possession of an authoritative tangible copy of a record evidencing chattel paper.