Oklahoma § 12A-2-103 Definitions and Index of Definitions.

Oklahoma Statutes

§ 12A-2-103 — Definitions and Index of Definitions.

Oklahoma § 12A-2-103

Title 12AUniform Commercial Code

This text of Oklahoma § 12A-2-103 (Definitions and Index of Definitions.) 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-2-103 (2026).

Text

Definitions and Index of Definitions.

(1)In this article unless the context otherwise requires:

(a)“Buyer” means a person who buys or contracts to buy goods.

(b)“Receipt” of goods means taking physical possession of them.

(c)“Seller” means a person who sells or contracts to sell goods.

(2)Other definitions applying to this article or to specified parts thereof, and the sections in which they appear are: “Acceptance”. Section 2-606 of this title. “Banker's credit”. Section 2-325 of this title. “Between merchants”. Section 2-104 of this title. “Cancellation”. Section 2-106(4) of this title. “Commercial unit”. Section 2-105 of this title. “Confirmed credit”. Section 2-325 of this title. “Conforming to contract”. Section 2-106 of this title. “Contract for sale”. Section 2-106 of this titl

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Definitions and Index of Definitions. (1) In this article unless the context otherwise requires: (a) “Buyer” means a person who buys or contracts to buy goods. (b) “Receipt” of goods means taking physical possession of them. (c) “Seller” means a person who sells or contracts to sell goods. (2) Other definitions applying to this article or to specified parts thereof, and the sections in which they appear are: “Acceptance”. Section 2-606 of this title. “Banker's credit”. Section 2-325 of this title. “Between merchants”. Section 2-104 of this title. “Cancellation”. Section 2-106(4) of this title. “Commercial unit”. Section 2-105 of this title. “Confirmed credit”. Section 2-325 of this title. “Conforming to contract”. Section 2-106 of this title. “Contract for sale”. Section 2-106 of this title. “Cover”. Section 2-712 of this title. “Entrusting”. Section 2-403 of this title. “Financing agency”. Section 2-104 of this title. “Future goods”. Section 2-105 of this title. “Goods”. Section 2-105 of this title. “Identification”. Section 2-501 of this title. “Installment contract”. Section 2-612 of this title. “Letter of credit”. Section 2-325 of this title. “Lot”. Section 2-105 of this title. “Merchant”. Section 2-104 of this title. “Overseas”. Section 2-323 of this title. “Person in position of seller”. Section 2-707 of this title. “Present sale”. Section 2-106 of this title. “Sale”. Section 2-106 of this title. “Sale on approval”. Section 2-326 of this title. “Sale or return”. Section 2-326 of this title. “Termination”. Section 2-106 of this title. (3) “Control” as provided in Section 7-106 of this title and the following definitions in other articles apply to this article: “Check”. Section 3-104 of this title. “Consignee”. Section 7-102 of this title. “Consignor”. Section 7-102 of this title. “Consumer goods”. Section 1-9-102 of this title. “Dishonor”. Section 3-502 of this title. “Draft”. Section 3-104 of this title. (4) In addition, Article 1 of this title contains general definitions and principles of construction and interpretation applicable throughout this article.

Legislative History

Added by Laws 1961, p. 74, § 2-103. Amended by Laws 1994, c. 46, § 2, eff. Sept. 1, 1994; Laws 2000, c. 371, § 148, eff. July 1, 2001; Laws 2005, c. 140, § 42, eff. Jan. 1, 2006; Laws 2005, c. 473, § 1, emerg. eff. June 9, 2005. NOTE: Laws 2005, c. 139, § 24 repealed by Laws 2005, c. 473, § 3, emerg. eff. June 9, 2005.