Oklahoma Statutes
§ 12A-1-9-332 — Transfer of money; transfer of funds from deposit
Oklahoma·Title 12A Uniform Commercial Code
account. TRANSFER OF MONEY; TRANSFER OF FUNDS FROM DEPOSIT ACCOUNT (a) A transferee of money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.
(b)A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.
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Oklahoma § 12A-1-9-332 (Transfer of money; transfer of funds from deposit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 2000, c. 371, § 59, eff. July 1, 2001. Amended by Laws 2024, c. 13, § 70, eff. Nov. 1, 2024.
Nearby Sections
15
§ 12A-1-101
Short titles.§ 12A-1-102
Scope of article.§ 12A-1-104
Construction against implicit repeal.§ 12A-1-106
Use of singular and plural - Gender.§ 12A-1-107
Section captions.§ 12A-1-108
Repealed§ 12A-1-108.1
Relationship to Electronic Signatures in Global and§ 12A-1-202
Notice - Knowledge.§ 12A-1-203
Lease distinguished from security interest.§ 12A-1-204
"Value".§ 12A-1-205
Reasonable time - Seasonableness.§ 12A-1-206
Presumptions.