Okla. Stat. tit. 12A, § 12A-1-9-703: Security interest perfected before effective date

SECURITY INTEREST PERFECTED BEFORE EFFECTIVE DATE

(a) A security interest that is enforceable immediately before

this act takes effect and would have priority over the rights of a

person that becomes a lien creditor at that time is a perfected

security interest under this act if, when this act takes effect, the

applicable requirements for enforceability and perfection under this

act are satisfied without further action.

(b) Except as otherwise provided in Section 1-9-705 of this

title, if, immediately before this act takes effect, a security

interest is enforceable and would have priority over the rights of a

person that becomes a lien creditor at that time, but the applicable

requirements for enforceability or perfection under this act are not

satisfied when this act takes effect, the security interest:

(1) is a perfected security interest for one (1) year after

this act takes effect;

(2) remains enforceable thereafter only if the security

interest becomes enforceable under Section 1-9-203 of this title

before the year expires; and

(3) remains perfected thereafter only if the applicable

requirements for perfection under this act are satisfied before the

year expires.