Okla. Stat. tit. 12A, § 12A-8-303: Protected Purchaser

Protected Purchaser.

(a) "Protected purchaser" means a purchaser of a certificated

or uncertificated security, or of an interest therein, who:

(1) gives value;

(2) does not have notice of any adverse claim to the

security; and

(3) obtains control of the certificated or uncertificated

security.

(b) A protected purchaser acquires its interest in the security

free of any adverse claim.