# Okla. Stat. tit. 12A, § 12A-1-9-104: Control of deposit account

> Oklahoma · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-104

## Section

- **Citation:** Okla. Stat. tit. 12A, § 12A-1-9-104
- **Heading:** Control of deposit account
- **Jurisdiction:** Oklahoma
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OK Code / Title 12A / Section 12A-1-9-104

## Text

CONTROL OF DEPOSIT ACCOUNT

(a) A secured party has control of a deposit account if:

(1) the secured party is the bank with which the deposit

account is maintained;

(2) the debtor, secured party, and bank have agreed in a

signed record that the bank will comply with

instructions originated by the secured party directing

disposition of the funds in the deposit account

without further consent by the debtor;

(3) the secured party becomes the bank's customer with

respect to the deposit account; or

(4) another person, other than the debtor:

(A) has control of the deposit account and

acknowledges that it has control on behalf of the

secured party; or

(B) obtains control of the deposit account after

having acknowledged that it will obtain control

of the deposit account on behalf of the secured

party.

(b) A secured party that has satisfied subsection (a) of this

section has control, even if the debtor retains the right to direct

the disposition of funds from the deposit account.

## Nearby sections

- [Okla. Stat. tit. 12A, § 12A-1-9-102 Definitions and index of definitions](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-102.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-104 Control of deposit account](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-104.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-105 Control of electronic copy of record evidencing](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-105.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-106 Control of investment property](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-106.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-107 Control of letter-of-credit right](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-107.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-107A Control of controllable electronic record,](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-107A.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-108 Sufficiency of description](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-108.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-109 Scope of article](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-109.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-110 Security interests arising under article 2 or 2a](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-110.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-201 General effectiveness of security agreement](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-201.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-202 Title to collateral immaterial](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-202.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-204 After-acquired property; future advances](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-204.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-205 Use or disposition of collateral permissible](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-205.md)
- [Okla. Stat. tit. 12A, § 12A-1-9-207 Rights and duties of secured party having possession](https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-207.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OK_T12A_S12A-1-9-104. Check the current official text before relying on it. Not legal advice.