{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-1-9-318","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-1-9-318","heading":"Rights and title of seller of account or chattel","body":"paper with respect to creditors and purchasers.\n\nRIGHTS AND TITLE OF SELLER OF ACCOUNT OR CHATTEL\n\nPAPER WITH RESPECT TO CREDITORS AND PURCHASERS\n\n(a) A debtor that has sold an account, chattel paper, payment\n\nintangible, or promissory note does not retain a legal or equitable\n\ninterest in the collateral sold.\n\n(b) For purposes of determining the rights of creditors of, and\n\npurchasers for value of an account or chattel paper from, a debtor\n\nthat has sold an account or chattel paper, while the buyer’s\n\nsecurity interest is unperfected, the debtor is deemed to have\n\nrights and title to the account or chattel paper identical to those\n\nthe debtor sold.","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":"aafff096c28a8d7a2a34139ad529f2162a818a333bbbb81bfc2ffb4c81d21a97","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-1-9-317","next":"us-ok/okla.-stat.-tit.-12a-12a-1-9-319"},"notice":"GroundRules: Original legal text. Not legal advice."}