Oklahoma § 12A-1-9-325 Priority of security interests in transferred

Oklahoma Statutes

§ 12A-1-9-325 — Priority of security interests in transferred

Oklahoma § 12A-1-9-325

Title 12AUniform Commercial Code

This text of Oklahoma § 12A-1-9-325 (Priority of security interests in transferred) 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-1-9-325 (2026).

Text

collateral. PRIORITY OF SECURITY INTERESTS IN TRANSFERRED COLLATERAL (a) Except as otherwise provided in subsection (b) of this section, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:

(1)the debtor acquired the collateral subject to the security interest created by the other person;

(2)the security interest created by the other person was perfected when the debtor acquired the collateral; and (3) there is no period thereafter when the security interest is unperfected.

(b)Subsection (a) of this section subordinates a security interest only if the security interest:

(1)otherwise would have priority solely under subsection (a) of Section 1-9-322 or Section 1-9-324 of this title; or (2) arose solely under p

Free access — add to your briefcase to read the full text and ask questions with AI

collateral. PRIORITY OF SECURITY INTERESTS IN TRANSFERRED COLLATERAL (a) Except as otherwise provided in subsection (b) of this section, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if: (1) the debtor acquired the collateral subject to the security interest created by the other person; (2) the security interest created by the other person was perfected when the debtor acquired the collateral; and (3) there is no period thereafter when the security interest is unperfected. (b) Subsection (a) of this section subordinates a security interest only if the security interest: (1) otherwise would have priority solely under subsection (a) of Section 1-9-322 or Section 1-9-324 of this title; or (2) arose solely under paragraph (3) of Section 2-711 or paragraph (5) of Section 2A-508 of this title.