{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-1-9-503","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-1-9-503","heading":"Name of debtor and secured party","body":"NAME OF DEBTOR AND SECURED PARTY\n\n(a) A financing statement sufficiently provides the name of the\n\ndebtor:\n\n(1) except as otherwise provided in paragraph (3) of this\n\nsubsection, if the debtor is a registered organization or the\n\ncollateral is held in a trust that is a registered organization,\n\nonly if the financing statement provides the name that is stated to\n\nbe the registered organization's name on the public organic record\n\nmost recently filed with or issued or enacted by the registered\n\norganization's jurisdiction of organization which purports to state,\n\namend, or restate the registered organization's name;\n\n(2) subject to subsection (f) of this section, if the\n\ncollateral is being administered by the personal representative of a\n\ndecedent, only if the financing statement provides, as the name of\n\nthe debtor, the name of the decedent and, in a separate part of the\n\nfinancing statement, indicates that the collateral is being\n\nadministered by a personal representative;\n\n(3) if the collateral is held in a trust that is not a\n\nregistered organization, only if the financing statement:\n\n(A) provides, as the name of the debtor:\n\n(i) if the organic record of the trust specifies a\n\nname for the trust, the name so specified; or\n\n(ii) if the organic record of the trust does not\n\nspecify a name for the trust, the name of the\n\nsettlor or testator; and\n\n(B) in a separate part of the financing statement:\n\n(i) if the name is provided in accordance with\n\ndivision (i) of subparagraph (A) of this\n\nparagraph, indicates that the collateral is held\n\nin a trust; or\n\n(ii) if the name is provided in accordance with\n\ndivision (ii) of subparagraph (A) of this\n\nparagraph, provides additional information\n\nsufficient to distinguish the trust from other\n\ntrusts having one or more of the same settlors or\n\nthe same testator and indicates that the\n\ncollateral is held in a trust, unless the\n\nadditional information so indicates;\n\n(4) subject to subsection (g) of this section, if the debtor is\n\nan individual to whom this state has issued a driver license that\n\nhas not expired, only if it provides the name of the individual\n\nwhich is indicated on the driver license;\n\n(5) if the debtor is an individual to whom paragraph (4) of\n\nthis subsection does not apply, only if it provides the individual\n\nname of the debtor or the surname and first personal name of the\n\ndebtor; and\n\n(6) in other cases:\n\n(A) if the debtor has a name, only if it provides the\n\norganizational name of the debtor; and\n\n(B) if the debtor does not have a name, only if it\n\nprovides the names of the partners, members,\n\nassociates, or other persons comprising the debtor, in\n\na manner that each name provided would be sufficient\n\nif the person named were the debtor.\n\n(b) A financing statement that provides the name of the debtor\n\nin accordance with subsection (a) of this section is not rendered\n\nineffective by the absence of:\n\n(1) a trade name or other name of the debtor; or\n\n(2) unless required under subparagraph (B) of paragraph (6) of\n\nsubsection (a) of this section, names of partners, members,\n\nassociates, or other persons comprising the debtor.\n\n(c) A financing statement that provides only the debtor's trade\n\nname does not sufficiently provide the name of the debtor.\n\n(d) Failure to indicate the representative capacity of a\n\nsecured party or representative of a secured party does not affect\n\nthe sufficiency of a financing statement.\n\n(e) A financing statement may provide the name of more than one\n\ndebtor and the name of more than one secured party.\n\n(f) The name of the decedent indicated on the order appointing\n\nthe personal representative of the decedent issued by the court\n\nhaving jurisdiction over the collateral is sufficient as the \"name\n\nof the decedent\" under paragraph (2) of subsection (a) of this\n\nsection.\nstatement.\n\n(e) A financing statement may provide the name of more than one\n\ndebtor and the name of more than one secured party.\n\n(f) The name of the decedent indicated on the order appointing\n\nthe personal representative of the decedent issued by the court\n\nhaving jurisdiction over the collateral is sufficient as the \"name\n\nof the decedent\" under paragraph (2) of subsection (a) of this\n\nsection.\n\n(g) If this state has issued to an individual more than one\n\ndriver license or identification card authorized to be issued by the\n\nDepartment of Public Safety of a kind described in paragraph (4) of\n\nsubsection (a) of this section, the one that was issued most\n\nrecently is the one to which paragraph (4) of subsection (a) of this\n\nsection refers.\n\n(h) The \"name of the settlor or testator\" means:\n\n(1) if the settlor is a registered organization, the name of\n\nthe registered organization indicated on the public organic record\n\nfiled with or issued or enacted by the registered organization's\n\njurisdiction of organization; or\n\n(2) in other cases, the name of the settlor or testator\n\nindicated in the trust's organic record.","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":"0ac952808dbebef4fc79cf326efaaea0a3606af3140d77bd78554415484cacb9","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-1-9-502","next":"us-ok/okla.-stat.-tit.-12a-12a-1-9-504"},"notice":"GroundRules: Original legal text. Not legal advice."}