Okla. Stat. tit. 12A, § 12A-1-9-706: When initial financing statement suffices to continue

effectivness of financing statement.

WHEN INITIAL FINANCING STATEMENT SUFFICES

TO CONTINUE EFFECTIVNESS OF FINANCING STATEMENT

(a) The filing of an initial financing statement in the office

specified in Section 1-9-501 of this title continues the

effectiveness of a financing statement filed before this act takes

effect if:

(1) the filing of an initial financing statement in that office

would be effective to perfect a security interest under this act;

(2) the pre-effective-date financing statement was filed in an

office in another state or another office in this state; and

(3) the initial financing statement satisfies subsection (c) of

this section.

(b) The filing of an initial financing statement under

subsection (a) of this section continues the effectiveness of the

pre-effective-date financing statement:

(1) if the initial financing statement is filed before this act

takes effect, for the period provided in former Section 9-403 of

this title with respect to a financing statement; and

(2) if the initial financing statement is filed after this act

takes effect, for the period provided in Section 1-9-515 of this

title with respect to an initial financing statement.

(c) To be effective for purposes of subsection (a) of this

section, an initial financing statement must:

(1) satisfy the requirements of Part 5 of this article for an

initial financing statement;

(2) identify the pre-effective-date financing statement by

indicating the office in which the financing statement was filed and

providing the dates of filing and file numbers, if any, of the

financing statement and of the most recent continuation statement

filed with respect to the financing statement; and

(3) indicate that the pre-effective-date financing statement

remains effective.