Okla. Stat. tit. 12A, § 12A-1-9-311: Perfection of security interests in property subject

to certain statutes, regulations, and treaties.

PERFECTION OF SECURITY INTERESTS IN PROPERTY

SUBJECT TO CERTAIN STATUTES, REGULATIONS, AND TREATIES

(a) Except as otherwise provided in subsection (d) of this

section, the filing of a financing statement is not necessary or

effective to perfect a security interest in property subject to:

(1) a statute, regulation, or treaty of the United States whose

requirements for a security interest's obtaining priority over the

rights of a lien creditor with respect to the property preempt

subsection (a) of Section 1-9-310 of this title;

(2) another statute of this state that provides for central

filing of, or that requires indication on or delivery for indication

on a certificate of title of, any security interest in the property

as a condition or result of perfection, including, but not limited

to, Section 1110 of Title 47 and Section 4013 of Title 63 of the

Oklahoma Statutes;

(3) a statute of another jurisdiction which provides for a

security interest to be indicated on a certificate of title as a

condition or result of the security interest's obtaining priority

over the rights of a lien creditor with respect to the property; or

(4) the law or procedure of a federally recognized Indian

tribe, if the security interest is in a vehicle registered or to be

registered by the federally recognized Indian tribe and if within

thirty (30) days after the security interest attaches, it is noted

on the face of a certificate of title issued by the Indian tribe or,

notwithstanding subsection G of Section 1110 of Title 47 of the

Oklahoma Statutes, the security interest is otherwise perfected

under an applicable law or procedure of that tribe.

(b) Compliance with the requirements of a statute, regulation,

or treaty described in subsection (a) of this section for obtaining

priority over the rights of a lien creditor is equivalent to the

filing of a financing statement under this article. Except as

otherwise provided in subsection (d) of this section and Section 1-

9-313 and subsections (d) and (e) of Section 1-9-316 of this title

for goods covered by a certificate of title, a security interest in

property subject to a statute, regulation, or treaty described in

subsection (a) of this section may be perfected only by compliance

with those requirements, and a security interest so perfected

remains perfected notwithstanding a change in the use or transfer of

possession of the collateral.

(c) Except as otherwise provided in subsection (d) of this

section and subsections (d) and (e) of Section 1-9-316 of this

title, duration and renewal of perfection of a security interest

perfected by compliance with the requirements prescribed by a

statute, regulation, or treaty described in subsection (a) of this

section are governed by the statute, regulation, or treaty. In

other respects, the security interest is subject to this article.

(d) During any period in which collateral, described in Section

1110 of Title 47 and Section 4013 of Title 63 of the Oklahoma

Statutes, is inventory held for sale or lease by a person or leased

by that person as lessor and that person is in the business of

selling goods of that kind, this section does not apply to a

security interest in that collateral created by that person as

debtor.