Oklahoma § 12A-A-303 Security interest unperfected before effective date.

Oklahoma Statutes

§ 12A-A-303 — Security interest unperfected before effective date.

Oklahoma § 12A-A-303

Title 12AUniform Commercial Code

This text of Oklahoma § 12A-A-303 (Security interest unperfected before effective date.) 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-A-303 (2026).

Text

SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE A security interest that is enforceable immediately before the effective date of this act but is unperfected at that time:

(1)Remains an enforceable security interest until the adjustment date;

(2)Remains enforceable thereafter if the security interest becomes enforceable under Section 1-9-203 of this title, as amended by this act, on the effective date of this act or before the adjustment date; and (3) Becomes perfected:

(A)without further action, on the effective date of this act if the requirements for perfection under this act are satisfied before or at that time; or (B) when the requirements for perfection are satisfied if the requirements are satisfied after that time.

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SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE A security interest that is enforceable immediately before the effective date of this act but is unperfected at that time: (1) Remains an enforceable security interest until the adjustment date; (2) Remains enforceable thereafter if the security interest becomes enforceable under Section 1-9-203 of this title, as amended by this act, on the effective date of this act or before the adjustment date; and (3) Becomes perfected: (A) without further action, on the effective date of this act if the requirements for perfection under this act are satisfied before or at that time; or (B) when the requirements for perfection are satisfied if the requirements are satisfied after that time.