Okla. Stat. tit. 12A, § 12A-1-9-704: Security interest unperfected before effective date
Where this section sits in the code
- OK Code
- Title 12A
SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE
A security interest that is enforceable immediately before this
act takes effect but which would be subordinate to the rights of a
person that becomes a lien creditor at that time:
(1) remains an enforceable security interest for one (1) year
after this act takes effect;
(2) remains enforceable thereafter if the security interest
becomes enforceable under Section 1-9-203 of this title when this
act takes effect or within one (1) year thereafter; and
(3) becomes perfected:
(A) without further action, when this act takes effect if
the applicable requirements for perfection under this
act are satisfied before or at that time; or
(B) when the applicable requirements for perfection are
satisfied if the requirements are satisfied after that
time.
Collected 2026-09-14T18:32:36Z. Source file · JSON