Security interests arising under article 2 or 2a

Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 42

SECURITY INTERESTS ARISING UNDER ARTICLE 2 OR 2A

A security interest arising under Section 2-401, 2-505,

paragraph (3) of Section 2-711, or paragraph (5) of

Section 2A-508 of this title is subject to this article.

However, until the debtor obtains possession of the

goods:

(1) the security interest is enforceable, even if paragraph (3)

of subsection (b) of Section 1-9-203 of this title has not been

satisfied;

(2) filing is not required to perfect the security interest;

(3) the rights of the secured party after default by the debtor

are governed by Article 2 or 2A of this title; and

(4) the security interest has priority over a conflicting

security interest created by the debtor.