Okla. Stat. tit. 21, § 21-1834.1: Sale of secured personal property - Debtor as trustee
Where this section sits in the code
- OK Code
- Title 21
of funds received.
Every debtor owning personal property in this state in which a
creditor has a security interest who, with the consent of the
secured party or his assignee, shall sell such collateral, or any
part thereof, while the security agreement remains in force and
unsatisfied, shall be deemed and conclusively held to be the trustee
of the funds received upon the sale thereof, for the benefit of such
secured party, or assignee, to the extent of the indebtedness
secured thereby or any balance due thereof.
Collected 2026-09-14T18:32:36Z. Source file · JSON