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

Okla. Stat. tit. 12A, § 12A-1-9-326: Priority of security interests created by new debtor

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  1. OK Code
  2. Title 12A

PRIORITY OF SECURITY INTERESTS CREATED BY NEW DEBTOR

(a) Subject to subsection (b) of this section, a security

interest that is created by a new debtor in collateral in which the

new debtor has or acquires rights and perfected by a filed financing

statement that would be ineffective to perfect the security interest

but for the application of Section 1-9-508 of this title or Section

1-9-508 and paragraph (l) of subsection (i) of Section 1-9-316 of

this title is subordinate to a security interest in the same

collateral which is perfected other than by such a filed financing

statement.

(b) The other provisions of this part determine the priority

among conflicting security interests in the same collateral

perfected by filed financing statements described in subsection (a)

of this section. However, if the security agreements to which a new

debtor became bound as debtor were not entered into by the same

original debtor, the conflicting security interests rank according

to priority in time of the new debtor's having become bound.

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

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