Okla. Stat. tit. 12A, § 12A-1-9-611: Notification before disposition of collateral

NOTIFICATION BEFORE DISPOSITION OF COLLATERAL

(a) In this section, "notification date" means the earlier of

the date on which:

(1) a secured party sends to the debtor and any secondary

obligor a signed notification of disposition; or

(2) the debtor and any secondary obligor waive the right to

notification.

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

section, a secured party that disposes of collateral under Section

1-9-610 of this title shall send to the persons specified in

subsection (c) of this section a reasonable signed notification of

disposition.

(c) To comply with subsection (b) of this section, the secured

party shall send a signed notification of disposition to:

(1) the debtor;

(2) any secondary obligor; and

(3) if the collateral is other than consumer goods:

(A) any other person from which the secured party has

received, before the notification date, a signed

notification of a claim of an interest in the

collateral;

(B) any other secured party or lienholder that, ten (10)

days before the notification date, held a security

interest in or other lien on the collateral perfected

by the filing of a financing statement that:

(i) identified the collateral;

(ii) was indexed under the debtor's name as of that

date; and

(iii) was filed in the office in which to file a

financing statement against the debtor covering

the collateral as of that date; and

(C) any other secured party that, ten (10) days before the

notification date, held a security interest in the

collateral perfected by compliance with a statute,

regulation, or treaty described in subsection (a) of

Section 1-9-311 of this title.

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

collateral is perishable or threatens to decline speedily in value

or is of a type customarily sold on a recognized market.

(e) A secured party complies with the requirement for

notification prescribed by subparagraph (B) of paragraph (3) of

subsection (c) of this section if:

(1) not later than twenty (20) days or earlier than thirty (30)

days before the notification date, the secured party requests, in a

commercially reasonable manner, information concerning financing

statements indexed under the debtor's name in the office indicated

in subparagraph (B) of paragraph (3) of subsection (c) of this

section; and

(2) before the notification date, the secured party:

(A) did not receive a response to the request for

information; or

(B) received a response to the request for information and

sent a signed notification of disposition to each

secured party or other lienholder named in that

response whose financing statement covered the

collateral.