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

Okla. Stat. tit. 12A, § 12A-2-402: Rights of Seller's Creditors Against Sold Goods

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

(1) Except as provided in subsections (2) and (3), rights of

unsecured creditors of the seller with respect to goods which have

been identified to a contract for sale are subject to the buyer's

rights to recover the goods under this article (Sections 2-502 and

2-716).

(2) A creditor of the seller may treat a sale or an

identification of goods to a contract for sale as void if as against

him a retention of possession by the seller is fraudulent under any

rule of law of the state where the goods are situated, except that

retention of possession in good faith and current course of trade by

a merchant-seller for a commercially reasonable time after a sale or

identification is not fraudulent.

(3) Nothing this article shall be deemed to impair the rights of

creditors of the seller.

(a) under the provisions of the article on Secured

Transactions (Article 9); or

(b) where identification to the contract or delivery is

made not in current course of trade but in satisfaction of or as

security for a pre-existing claim for money, security or the like

and is made under circumstances which under any rule of law of the

state where the goods are situated would apart from this article

constitute the transaction a fraudulent transfer or voidable

preference.

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

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