Oklahoma Statutes
§ 12A-1-9-402 — Secured party not obligated on contract of debtor or
Oklahoma § 12A-1-9-402
JurisdictionOklahoma
Title 12AUniform Commercial Code
This text of Oklahoma § 12A-1-9-402 (Secured party not obligated on contract of debtor or) 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-1-9-402 (2026).
Text
in tort. SECURED PARTY NOT OBLIGATED ON CONTRACT OF DEBTOR OR IN TORT The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor’s acts or omissions.
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Legislative History
Added by Laws 2000, c. 371, § 71, eff. July 1, 2001.
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Repealed§ 12A-1-108.1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.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 12A-1-9-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/12A/12A-1-9-402.