Okla. Stat. tit. 12A, § 12A-8-301: Delivery

Delivery.

(a) Delivery of a certificated security to a purchaser occurs

when:

(1) the purchaser acquires possession of the security

certificate;

(2) another person, other than a securities intermediary,

either acquires possession of the security certificate

on behalf of the purchaser or, having previously

acquired possession of the certificate, acknowledges

that it holds for the purchaser; or

(3) a securities intermediary acting on behalf of the

purchaser acquires possession of the security

certificate, only if the certificate is in registered

form and is (i) registered in the name of the

purchaser, (ii) payable to the order of the purchaser,

or (iii) specially indorsed to the purchaser by an

effective endorsement and has not been indorsed to the

securities intermediary or in blank.

(b) Delivery of an uncertificated security to a purchaser

occurs when:

(1) the issuer registers the purchaser as the registered

owner, upon original issue or registration of

transfer; or

(2) another person, other than a securities intermediary,

either becomes the registered owner of the

uncertificated security on behalf of the purchaser or,

having previously become the registered owner,

acknowledges that it holds for the purchaser.