Okla. Stat. tit. 12A, § 12A-1-9-323: Future advances

FUTURE ADVANCES

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

section, for purposes of determining the priority of a perfected

security interest under paragraph (1) of subsection (a) of Section

1-9-322 of this title, perfection of the security interest dates

from the time an advance is made to the extent that the security

interest secures an advance that:

(1) is made while the security interest is perfected only:

(A) under Section 1-9-309 of this title when it attaches;

or

(B) temporarily under subsection (e), (f), or (g) of

Section 1-9-312 of this title; and

(2) is not made pursuant to a commitment entered into before or

while the security interest is perfected by a method other than

under Section 1-9-309 or subsection (e), (f), or (g) of Section 1-9-

312 of this title.

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

section, a security interest is subordinate to the rights of a

person that becomes a lien creditor to the extent that the security

interest secures an advance made more than forty-five (45) days

after the person becomes a lien creditor unless the advance is made:

(1) without knowledge of the lien; or

(2) pursuant to a commitment entered into without knowledge of

the lien.

(c) Subsections (a) and (b) of this section do not apply to a

security interest held by a secured party that is a buyer of

accounts, chattel paper, payment intangibles, or promissory notes or

a consignor.

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

section, a buyer of goods takes free of a security interest to the

extent that it secures advances made after the earlier of:

(1) the time the secured party acquires knowledge of the

buyer's purchase; or

(2) forty-five (45) days after the purchase.

(e) Subsection (d) of this section does not apply if the

advance is made pursuant to a commitment entered into without

knowledge of the buyer's purchase and before the expiration of the

forty-five-day period.

(f) Except as otherwise provided in subsection (g) of this

section, a lessee of goods takes the leasehold interest free of a

security interest to the extent that it secures advances made after

the earlier of:

(1) the time the secured party acquires knowledge of the lease;

or

(2) Forty-five (45) days after the lease contract becomes

enforceable.

(g) Subsection (f) of this section does not apply if the

advance is made pursuant to a commitment entered into without

knowledge of the lease and before the expiration of the forty-five-

day period.