Oklahoma § 12A-A-306 Priority of claims when priority rules of Article 9 do

Oklahoma Statutes

§ 12A-A-306 — Priority of claims when priority rules of Article 9 do

Oklahoma·Title 12A Uniform Commercial Code

not apply. PRIORITY OF CLAIMS WHEN PRIORITY RULES OF ARTICLE 9 DO NOT APPLY (a) Subject to subsections (b) and (c) of this section, Article 12 of this title determines the priority of conflicting claims to Article 12 property when the priority rules of Article 9 of this title as amended by this act do not apply.

(b)Subject to subsection (c) of this section, when the priority rules of Article 9 of this title as amended by this act do not apply and the priorities of claims to Article 12 property were established before the effective date of this act, law other than Article 12 of this title determines priority.

(c)When the priority rules of Article 9 of this title as amended by this act do not apply, to the extent the priorities determined by this act modify the priorities established befor

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not apply. PRIORITY OF CLAIMS WHEN PRIORITY RULES OF ARTICLE 9 DO NOT APPLY (a) Subject to subsections (b) and (c) of this section, Article 12 of this title determines the priority of conflicting claims to Article 12 property when the priority rules of Article 9 of this title as amended by this act do not apply. (b) Subject to subsection (c) of this section, when the priority rules of Article 9 of this title as amended by this act do not apply and the priorities of claims to Article 12 property were established before the effective date of this act, law other than Article 12 of this title determines priority. (c) When the priority rules of Article 9 of this title as amended by this act do not apply, to the extent the priorities determined by this act modify the priorities established before the effective date of this act, the priorities of claims to Article 12 property established before the effective date of this act cease to apply on the adjustment date.

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