Okla. Stat. tit. 12A, § 12A-12-102: Definitions

DEFINITIONS

(a) In this article, unless the context otherwise requires:

(1) "Controllable electronic record" means a record stored in

an electronic medium that can be subjected to control under Section

12-105 of this title. The term does not include a controllable

account, a controllable payment intangible, a deposit account, an

electronic copy of a record evidencing chattel paper, an electronic

document of title, investment property, a transferable record, or an

electronic record that is a medium of exchange currently authorized

or adopted by a domestic or foreign government and is not a medium

of exchange that was recorded and transferable in a system that

existed and operated for the medium of exchange before the medium of

exchange was authorized or adopted by the government.

(2) "Qualifying purchaser" means a purchaser of a controllable

electronic record or an interest in a controllable electronic record

that obtains control of the controllable electronic record for

value, in good faith, and without notice of a claim of a property

right in the controllable electronic record.

(3) "Transferable record" has the meaning provided for that

term in:

(A) Section 201(a)(1) of the Electronic Signatures in

Global and National Commerce Act, 15 U.S.C., Section

7021(a)(1); or

(B) Subsection (a) of Section 15-116 of Title 12A of the

Oklahoma Statutes.

(4) "Value" has the same meaning as provided in subsection (a)

of Section 3-303 of this title, as if references in that subsection

to an "instrument" were references to a controllable account,

controllable electronic record, or controllable payment intangible.

(b) The definitions in Article 9 of this title of "account

debtor", "controllable account", "controllable payment intangible",

"chattel paper", "deposit account", and "investment property" apply

to this article.

(c) Article 1 of this title contains general definitions and

principles of construction and interpretation applicable throughout

this article.