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

Okla. Stat. tit. 21, § 21-1834.1: Sale of secured personal property - Debtor as trustee

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

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