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

Okla. Stat. tit. 12A, § 12A-1-9-623: Right to redeem collateral

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

RIGHT TO REDEEM COLLATERAL

(a) A debtor, any secondary obligor, or any other secured party

or lienholder may redeem collateral.

(b) To redeem collateral, a person shall tender:

(1) fulfillment of all obligations secured by the collateral;

and

(2) the reasonable expenses and attorney’s fees described in

paragraph (1) of subsection (a) of Section 1-9-615 of this title.

(c) A redemption may occur at any time before a secured party:

(1) has collected collateral under Section 1-9-607 of this

title;

(2) has disposed of collateral or entered into a contract for

its disposition under Section 1-9-610 of this title; or

(3) has accepted collateral in full or partial satisfaction of

the obligation it secures under Section 1-9-622 of this title.

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

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