Okla. Stat. tit. 12A, § 12A-1-9-301: Law governing perfection and priority of security

interests.

LAW GOVERNING PERFECTION AND

PRIORITY OF SECURITY INTERESTS

Except as otherwise provided in Sections 1-9-303 through 1-9-

306B of this title, the following rules determine the law governing

perfection, the effect of perfection or nonperfection, and the

priority of a security interest in collateral:

(1) Except as otherwise provided in this section, while a

debtor is located in a jurisdiction, the local law of that

jurisdiction governs perfection, the effect of perfection or

nonperfection, and the priority of a security interest in

collateral.

(2) While collateral is located in a jurisdiction, the local

law of that jurisdiction governs perfection, the effect of

perfection or nonperfection, and the priority of a possessory

security interest in that collateral.

(3) Except as otherwise provided in paragraph (4) of this

section, while negotiable tangible documents, goods, instruments, or

money are located in a jurisdiction, the local law of that

jurisdiction governs:

(A) perfection of a security interest in the goods by

filing a fixture filing;

(B) perfection of a security interest in timber to be cut;

and

(C) the effect of perfection or nonperfection and the

priority of a nonpossessory security interest in the

collateral.

(4) The local law of the jurisdiction in which the wellhead or

minehead is located governs perfection, the effect of perfection or

nonperfection, and the priority of a security interest in as-

extracted collateral.