Oklahoma Statutes
Okla. Stat. tit. 12A, § 9-504 (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Repealed by Laws 2000, c. 371, § 185, eff.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 17
cases, 1974–1997 · leading case: First Nat'l Bank & Trust Co. of Enid v. Holston, 559 P.2d 440 (Okla. 1976).
First Nat'l Bank & Trust Co. of Enid v. Holston, 559 P.2d 440 (Okla. 1976). “On July 16, 1975, the court entered an order in replevin and ordered that the secured creditor be granted possession of all the collateral in question for the purpose of disposing of it pursuant to the terms and provisions of the Uniform Commercial Code, 12A O.S.1971 § 9-504.…”
Cate v. Archon Oil Co., Inc., 695 P.2d 1352 (Okla. 1985). “” It is provided by 12A O.S.1981 § 9-504(3): "(3) Disposition of the collateral may be by public or private proceedings and may be made by way of one or more contracts.”
Wilkerson Motor Co., Inc. v. Johnson, 580 P.2d 505 (Okla. 1978). “” The foregoing instructions were patterned after certain language in the Oklahoma Code Comments to 12A O.S.1971, § 9-504, to the effect that “if an automobile, for example, is being foreclosed it must be sold in a manner automobiles are sold by people in the business of selling…”
Ramco Operating Co. v. Gassett, 890 P.2d 941 (Okla. 1995). “" 12A O.S. 1991 § 9-504(3). For a description of disputes that may arise upon a complaint that the sale was not commercially reasonable, see the exhaustive opinion in Ruden v.”
Consol. Equip. Sales, Inc. v. First State Bank & Trust Co. of Guthrie, 627 P.2d 432 (Okla. 1981). “Consolidated notes 12A O.S.1971 § 9-504(3) requires notice of any sale — public or private — be given to the debtor “and to any other person who has a security interest in the collateral .”
Davidson v. First Bank & Trust Co., Yale, 559 P.2d 1228 (Okla. 1976). “Davidson rented his shop from Bank. 2 . Sneed also rented this building from Bank.”
Davidson v. First Bank & Trust Co., Yale, 609 P.2d 1259 (Okla. 1976). “Davidson rented his shop from Bank. 2 . Sneed also rented this building from Bank.”
Grumman Credit Corp. v. Rivair Flying Serv., Inc., 845 P.2d 182 (Okla. 1992). “12A O.S.1981 § 9-504(3): Disposition of the collateral may be by public or private proceedings and may be made by way of one or more contracts.”
Beneficial Fin. Co. v. Young, 612 P.2d 1357 (Okla. 1980). “First, Beneficial argues that the “notification” requirements of 12A O.S. 1971, § 9-504(3), require that notice be sent, and that the court’s use of the word “give”, rather than “sent”, was misleading, as “give” implies that receipt of the notice is controlling.”
Eastwood v. Nat'l Bank of Com., Altus, Okl., 673 F. Supp. 1068 (W.D. Okla. 1987). “This argument is predicated upon the Defendants’ assertions that 1) Defendant Bank, as a secured party, had an absolute right to sell Plaintiff Babe Eastwood’s stock pursuant to Okla.Stat. tit. 12A, § 9-504, after November of 1985, when the last loan payment by Eastwood Rentals…”
In Re Reed, 102 B.R. 243 (Bankr. E.D. Okla. 1989). “” Further, “unless collateral is perishable or threatens to decline speedily in value or is of the type customarily sold on a recognized market, reasonable notification of the time and place of any public sale or reason *246 able notification of the time after which any private…”
Equico Lessors, Inc. v. Wetsel, 576 F. Supp. 13 (W.D. Okla. 1983). “Upon repossession and sale of the equipment, plaintiff must apply the proceeds of the sale to the accelerated payments in accordance with the agreement and 12A O.S. § 9-504(1); and plaintiff may look to defendants for any deficiency, Lease agreement at 1114; 12A O.”
Okla. Stat. tit. 12A, § 9-504(1): 1 case
Equico Lessors, Inc. v. Wetsel, 576 F. Supp. 13 (W.D. Okla. 1983). “Upon repossession and sale of the equipment, plaintiff must apply the proceeds of the sale to the accelerated payments in accordance with the agreement and 12A O.S. § 9-504(1); and plaintiff may look to defendants for any deficiency, Lease agreement at 1114; 12A O.”
Okla. Stat. tit. 12A, § 9-504(2): 1 case
Equico Lessors, Inc. v. Wetsel, 576 F. Supp. 13 (W.D. Okla. 1983). “Upon repossession and sale of the equipment, plaintiff must apply the proceeds of the sale to the accelerated payments in accordance with the agreement and 12A O.S. § 9-504(1); and plaintiff may look to defendants for any deficiency, Lease agreement at 1114; 12A O.”
Okla. Stat. tit. 12A, § 9-504(3): 8 cases
First Nat'l Bank & Trust Co. of Enid v. Holston, 559 P.2d 440 (Okla. 1976). “On July 16, 1975, the court entered an order in replevin and ordered that the secured creditor be granted possession of all the collateral in question for the purpose of disposing of it pursuant to the terms and provisions of the Uniform Commercial Code, 12A O.S.1971 § 9-504.…”
Cate v. Archon Oil Co., Inc., 695 P.2d 1352 (Okla. 1985). “” It is provided by 12A O.S.1981 § 9-504(3): "(3) Disposition of the collateral may be by public or private proceedings and may be made by way of one or more contracts.”
Ramco Operating Co. v. Gassett, 890 P.2d 941 (Okla. 1995). “" 12A O.S. 1991 § 9-504(3). For a description of disputes that may arise upon a complaint that the sale was not commercially reasonable, see the exhaustive opinion in Ruden v.”
Consol. Equip. Sales, Inc. v. First State Bank & Trust Co. of Guthrie, 627 P.2d 432 (Okla. 1981). “Consolidated notes 12A O.S.1971 § 9-504(3) requires notice of any sale — public or private — be given to the debtor “and to any other person who has a security interest in the collateral .”
Grumman Credit Corp. v. Rivair Flying Serv., Inc., 845 P.2d 182 (Okla. 1992). “12A O.S.1981 § 9-504(3): Disposition of the collateral may be by public or private proceedings and may be made by way of one or more contracts.”
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