Oklahoma Statutes
Okla. Stat. tit. 12A, § 9-503 (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Repealed by Laws 2000, c. 371, § 185, eff.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 9
cases, 1976–2002 · leading case: Helfinstine v. Martin, 561 P.2d 951 (Okla. 1977).
Helfinstine v. Martin, 561 P.2d 951 (Okla. 1977). “The Court of Appeals specifically overruled the holding of the Trial Court, which upheld Appellees’ act of repossessing its collateral, and, in effect, rendered unconstitutional both the statutory self-help repossession of 12A O.S.1971, § 9-503, and the self-help repossession…”
Williamson v. Fowler Toyota, Inc., 1998 OK 14 (Okla. 1998). “We hold that the statute creates a nondelegable duty on the creditor to refrain from breaching the peace when repossessing secured collateral, and therefore the creditor is liable for any breach of the peace by the independent contractor.”
Mitchell v. Ford Motor Credit Co., 688 P.2d 42 (Okla. 1984). “" [3] 12A O.S. 1981 § 9-503 provides in pertinent part: "Unless otherwise agreed a secured party has on default the right to take possession of the collateral.”
Davidson v. First Bank & Trust Co., Yale, 559 P.2d 1228 (Okla. 1976). “The problem involves an appeal from a $20,000 punitive damage award against Bank for conversion of marble making equipment repossessed by self-help under provisions of the Uniform Commercial Code, 12A O.S.1971 § 9-503. A debtor-creditor relationship existed between Davidson,…”
Davidson v. First Bank & Trust Co., Yale, 609 P.2d 1259 (Okla. 1976). “The problem involves an appeal from a $20,000 punitive damage award against Bank for conversion of marble making equipment repossessed by self-help under provisions of the Uniform Commercial Code, 12A O.S.1971 § 9-503. A debtor-creditor relationship existed between Davidson,…”
Volvo Com. Fin. LLC the Americas v. McClellan, 2003 OK CIV APP 27 (Okla. Civ. App. 2002). “Oklahoma's Uniform Commercial Code, at 12A O.S.1991 § 9-503, provided that a secured party has the right to take possession of collateral upon default.”
Jones v. Gen. Motors Acceptance Corp., 565 P.2d 9 (Okla. 1977). “The trial court rendered summary judgment for appellees and appellant lodged this appeal.”
Mangrum v. Ford Motor Credit Co., 577 P.2d 1304 (Okla. 1978). “, on the morning of January 20, 1976, the Appellant entered Appellee’s property without his knowledge and removed a 1973 Pontiac Grandville automobile, with the contents thereof, from the east end of Appellee’s trailer home, proceeding under the self-help repossession statute,…”
Eustice v. Brazille, 567 P.2d 92 (Okla. 1977). “The Trial Court said Appellee had the right to take possession under 12A O.S.1971, § 9-503, if he could do so peaceably since the note was in default.”
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