2016 Oklahoma Statutes
Title 12A. Commercial Code
§12A-1-9-804. Security interest unperfected before effective date.

12A OK Stat § 12A-1-9-804 (2016) What's This?

SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE

A security interest that is an unperfected security interest immediately before this act takes effect becomes a perfected security interest:

(1) without further action, when this act takes effect on November 1, 2015, if the applicable requirements for perfection under Article 9 of the Uniform Commercial Code as amended by this act are satisfied before or at that time; or

(2) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

Added by Laws 2015, c. 374, § 20, eff. Nov. 1, 2015.

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