Oklahoma Statutes

Okla. Stat. tit. 12A, § 9-204 (2026)

Repealed by Laws 2000, c. 371, § 185, eff. July 1,

✓ current as of July 2026
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2001.

Notes of Decisions
Cited in 12 cases, 1970–1993 · leading case: Morton Booth Co. v. Tiara Furniture, Inc., 564 P.2d 210 (Okla. 1977).
Morton Booth Co. v. Tiara Furniture, Inc., 564 P.2d 210 (Okla. 1977). · cites it 2× “12A O.S.1971, § 9-204(1). A central theme to both the opinion of the Court of Appeals and the briefs of Booth is the contention that by reason of Booth’s purchase of the goods and shipment to Tiara under reservation of title the security interests of Banks could not attach.”
Octagon Gas Sys., Inc., Appellant, v. Roy T. Rimmer, Appellee, in Re Meridian Reserve, Inc., Debtor, 995 F.2d 948 (10th Cir. 1993). “See Okla.Stat.Ann. tit. 12A, art. 9 pt. 2 (West 1963 & Supp.”
Fairview State Bank v. Edwards, 739 P.2d 994 (Okla. 1987). “12A O.S.1981 § 9-204(1). By the use of an after-acquired property clause, an entire herd can be covered by a security agreement without specific identification of each animal.”
Am. Nat'l Bank & Trust Co. v. Nat'l Cash Register Co., 473 P.2d 234 (Okla. 1970). “The Commercial Code, 12A O.S.1961, § 9-204(3), specifically states that “a security agreement may provide that collateral, whenever acquired, shall secure all obligations covered by the security agreement.”
United States v. One 1982 Oldsmobile Cutlass VD 1GAM47A4CM453310, 709 F. Supp. 1542 (W.D. Okla. 1989). · cites it 4× “Claimant next asserts that its contractual security interest in the Defendant vehicle based not only on the security agreement and note dated July 27, 1983 but on the notes executed on April 27, 1984 and December 5, 1984 was valid and existing before the illegal act of Patel on…”
Leche v. Ponca City Prod. Credit Ass'n, 478 P.2d 347 (Okla. 1970). “A further claim is that advances properly were made, in that under 12A O.S.1961 § 9-204(5), a Security Agreement executed by Pratt, obligations covered by such agreement may include advances, even though not made pursuant to commitment.”
Dixon v. Kelley (In Re Producers Energy Corp.), 11 B.R. 669 (Bankr. W.D. Okla. 1981). “However, the Oklahoma Code Comment to 12A O.S. § 9-204 states: “(i) Three conditions must be satisfied for the existence of a security interest: (а) an agreement, (b) value be given, and (c) the debtor has rights in the security.”
Nat'l Livestock Credit Corp. v. First State Bank of Harrah, 503 P.2d 1283 (Okla. Civ. App. 1972). “The Uniform Commercial Code’s provisions pertaining to “after-acquired property” and “when security interest attaches,” is 12A O.S.1971 § 9-204 which reads in part as follows: “(1) A security interest cannot attach until there is agreement (subsection (3) of Section 1-201) that…”
Grant Square Bank & Trust Co. v. Green, 629 P.2d 1302 (Okla. Civ. App. 1981). “8(b)(5) since it fails to reveal that pursuant to 12A O.S.1971, § 9-204(4)(b) no security interest attaches under an after-acquired property clause to consumer goods “unless the debtor acquires rights in them within ten days after the secured party gives value.”
Sec. State Bank of Wewoka v. Dooley, 604 P.2d 153 (Okla. Civ. App. 1979). “To be perfected, the security interest must have attached.”
Ralls & Assocs., Inc. v. Am. Nat'l Bank & Trust Co. (In re Ralls & Assocs., Inc.), 114 B.R. 744 (W.D. Okla. 1990). · cites it 3× “12A O.S. § 9-204(1), see also Donald v. Madison Industries, Inc.”
Travelers Petroleum, Inc. v. Internal Revenue Serv. (In Re Travelers Petroleum, Inc.), 86 B.R. 246 (Bankr. W.D. Okla. 1987). “See 12A O.S. 1981, § 9-109, comment 2. If circumstances changed so that debtor’s trucks could properly be reclassified as inventory, then FDIC’s security interest would attach when the trucks acquired inventory status.”
— Okla. Stat. tit. 12A, § 9-204(1) — 4 cases
Morton Booth Co. v. Tiara Furniture, Inc., 564 P.2d 210 (Okla. 1977). “12A O.S.1971, § 9-204(1). A central theme to both the opinion of the Court of Appeals and the briefs of Booth is the contention that by reason of Booth’s purchase of the goods and shipment to Tiara under reservation of title the security interests of Banks could not attach.”
Fairview State Bank v. Edwards, 739 P.2d 994 (Okla. 1987). “12A O.S.1981 § 9-204(1). By the use of an after-acquired property clause, an entire herd can be covered by a security agreement without specific identification of each animal.”
Sec. State Bank of Wewoka v. Dooley, 604 P.2d 153 (Okla. Civ. App. 1979). “To be perfected, the security interest must have attached.”
Ralls & Assocs., Inc. v. Am. Nat'l Bank & Trust Co. (In re Ralls & Assocs., Inc.), 114 B.R. 744 (W.D. Okla. 1990). “12A O.S. § 9-204(1), see also Donald v. Madison Industries, Inc.”
— Okla. Stat. tit. 12A, § 9-204(2)(d) — 1 case
Ralls & Assocs., Inc. v. Am. Nat'l Bank & Trust Co. (In re Ralls & Assocs., Inc.), 114 B.R. 744 (W.D. Okla. 1990). “12A O.S. § 9-204(1), see also Donald v. Madison Industries, Inc.”
— Okla. Stat. tit. 12A, § 9-204(3) — 3 cases
Am. Nat'l Bank & Trust Co. v. Nat'l Cash Register Co., 473 P.2d 234 (Okla. 1970). “The Commercial Code, 12A O.S.1961, § 9-204(3), specifically states that “a security agreement may provide that collateral, whenever acquired, shall secure all obligations covered by the security agreement.”
United States v. One 1982 Oldsmobile Cutlass VD 1GAM47A4CM453310, 709 F. Supp. 1542 (W.D. Okla. 1989). “Claimant next asserts that its contractual security interest in the Defendant vehicle based not only on the security agreement and note dated July 27, 1983 but on the notes executed on April 27, 1984 and December 5, 1984 was valid and existing before the illegal act of Patel on…”
Ralls & Assocs., Inc. v. Am. Nat'l Bank & Trust Co. (In re Ralls & Assocs., Inc.), 114 B.R. 744 (W.D. Okla. 1990). “12A O.S. § 9-204(1), see also Donald v. Madison Industries, Inc.”
— Okla. Stat. tit. 12A, § 9-204(4)(b) — 1 case
Grant Square Bank & Trust Co. v. Green, 629 P.2d 1302 (Okla. Civ. App. 1981). “8(b)(5) since it fails to reveal that pursuant to 12A O.S.1971, § 9-204(4)(b) no security interest attaches under an after-acquired property clause to consumer goods “unless the debtor acquires rights in them within ten days after the secured party gives value.”
— Okla. Stat. tit. 12A, § 9-204(5) — 1 case
Leche v. Ponca City Prod. Credit Ass'n, 478 P.2d 347 (Okla. 1970). “A further claim is that advances properly were made, in that under 12A O.S.1961 § 9-204(5), a Security Agreement executed by Pratt, obligations covered by such agreement may include advances, even though not made pursuant to commitment.”
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