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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 12A, § 12A-1-9-325: Priority of security interests in transferred

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Where this section sits in the code
  1. OK Code
  2. Title 12A

collateral.

PRIORITY OF SECURITY INTERESTS IN TRANSFERRED COLLATERAL

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

section, a security interest created by a debtor is subordinate to a

security interest in the same collateral created by another person

if:

(1) the debtor acquired the collateral subject to the security

interest created by the other person;

(2) the security interest created by the other person was

perfected when the debtor acquired the collateral; and

(3) there is no period thereafter when the security interest is

unperfected.

(b) Subsection (a) of this section subordinates a security

interest only if the security interest:

(1) otherwise would have priority solely under subsection (a)

of Section 1-9-322 or Section 1-9-324 of this title; or

(2) arose solely under paragraph (3) of Section 2-711 or

paragraph (5) of Section 2A-508 of this title.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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