{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-1-9-307","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-1-9-307","heading":"Location of debtor","body":"LOCATION OF DEBTOR\n\n(a) In this section, \"place of business\" means a place where a\n\ndebtor conducts its affairs.\n\n(b) Except as otherwise provided in this section, the following\n\nrules determine a debtor's location:\n\n(1) A debtor who is an individual is located at the\n\nindividual's principal residence;\n\n(2) A debtor that is an organization and has only one place of\n\nbusiness is located at its place of business; and\n\n(3) A debtor that is an organization and has more than one\n\nplace of business is located at its chief executive office.\n\n(c) Subsection (b) of this section applies only if a debtor's\n\nresidence, place of business, or chief executive office, as\n\napplicable, is located in a jurisdiction whose law generally\n\nrequires information concerning the existence of a nonpossessory\n\nsecurity interest to be made generally available in a filing,\n\nrecording, or registration system as a condition or result of the\n\nsecurity interest's obtaining priority over the rights of a lien\n\ncreditor with respect to the collateral. If subsection (b) of this\n\nsection does not apply, the debtor is located in the District of\n\nColumbia.\n\n(d) A person that ceases to exist, have a residence, or have a\n\nplace of business continues to be located in the jurisdiction\n\nspecified by subsections (b) and (c) of this section.\n\n(e) A registered organization that is organized under the law\n\nof a state is located in that state.\n\n(f) Except as otherwise provided in subsection (i) of this\n\nsection, a registered organization that is organized under the law\n\nof the United States and a branch or agency of a bank that is not\n\norganized under the law of the United States or a state are located:\n\n(1) in the state that the law of the United States designates,\n\nif the law designates a state of location;\n\n(2) in the state that the registered organization, branch, or\n\nagency designates, if the law of the United States authorizes the\n\nregistered organization, branch, or agency to designate its state of\n\nlocation, including by designating its main office, home office, or\n\nother comparable office; or\n\n(3) in the District of Columbia, if neither paragraph (1) nor\n\nparagraph (2) of this subsection applies.\n\n(g) A registered organization continues to be located in the\n\njurisdiction specified by subsection (e) or (f) of this section\n\nnotwithstanding:\n\n(1) the suspension, revocation, forfeiture, or lapse of the\n\nregistered organization's status as such in its jurisdiction of\n\norganization; or\n\n(2) the dissolution, winding up, or cancellation of the\n\nexistence of the registered organization.\n\n(h) The United States is located in the District of Columbia.\n\n(i) A branch or agency of a bank that is not organized under\n\nthe law of the United States or a state is located in the state in\n\nwhich the branch or agency is licensed, if all branches and agencies\n\nof the bank are licensed in only one state.\n\n(j) A foreign air carrier under the Federal Aviation Act of\n\n1958, as amended, is located at the designated office of the agent\n\nupon which service of process may be made on behalf of the carrier.\n\n(k) This section applies only for purposes of this part.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a4585b4669da4b51906a3469a6606d1b4d256dff3027ae16b4141328c5ad0622","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-1-9-306b","next":"us-ok/okla.-stat.-tit.-12a-12a-1-9-308"},"notice":"GroundRules: Original legal text. Not legal advice."}