Oklahoma Statutes
§ 12A-8-303 — Protected Purchaser.
Oklahoma § 12A-8-303
JurisdictionOklahoma
Title 12AUniform Commercial Code
This text of Oklahoma § 12A-8-303 (Protected Purchaser.) 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-8-303 (2026).
Text
Protected Purchaser.
(a)"Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(1)gives value;
(2)does not have notice of any adverse claim to the security; and (3) obtains control of the certificated or uncertificated security.
(b)A protected purchaser acquires its interest in the security free of any adverse claim.
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Legislative History
Added by Laws 1961, p. 155, § 8-303. Amended by Laws 1984, c. 76, § 20, eff. Nov. 1, 1984; Laws 1995, c. 242, § 29, eff. Feb. 1, 1996; Laws 2024, c. 13, § 41, 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Repealed§ 12A-1-108.1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.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 12A-8-303, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/12A/12A-8-303.