reglab/housing_qa huggingface dataset:
12A OK Stat § 12A-1-9-803 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-9-803. Security interest perfected before effective date.

|SECURITY INTEREST PERFECTED BEFORE EFFECTIVE DATE |(a) A security interest that is a perfected security interest immediately before this act takes effect is a perfected security interest under Article 9 of the Uniform Commercial Code as amended by this act if, when this act takes effect on November 1, 2015, the applicable requirements for attachment and perfection under Article 9 of the Uniform Commercial Code as amended by this act are satisfied without further action.(b) Except as otherwise provided in Section 21 of this act, if, immediately before this act takes effect, a security interest is a perfected security interest, but the applicable requirements for perfection under Article 9 of the Uniform Commercial Code as amended by this act are not satisfied when this act takes effect on November 1, 2015, the security interest remains perfected thereafter only if the applicable requirements for perfection under Article 9 of the Uniform Commercial Code as amended by this act are satisfied within one (1) year after this act takes effect.Added by Laws 2015, c. 374, § 19, eff. Nov. 1, 2015.
12A OK Stat § 12A-1-9-804 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-9-804. Security interest unperfected before effective date.

|SECURITY INTEREST UNPERFECTED BEFORE EFFECTIVE DATE |A security interest that is an unperfected security interest immediately before this act takes effect becomes a perfected security interest:(1) without further action, when this act takes effect on November 1, 2015, if the applicable requirements for perfection under Article 9 of the Uniform Commercial Code as amended by this act are satisfied before or at that time; or(2) when the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.Added by Laws 2015, c. 374, § 20, eff. Nov. 1, 2015.
12A OK Stat § 12A-1-9-806 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-9-806. When initial financing statement suffices to continue effectiveness of financing statement.

|WHEN INITIAL FINANCING STATEMENT SUFFICES |TO CONTINUE EFFECTIVENESS OF FINANCING STATEMENT(a) The filing of an initial financing statement in the office specified in Section 1-9-501 of Title 12A of the Oklahoma Statutes continues the effectiveness of a financing statement filed before this act takes effect if:(1) the filing of an initial financing statement in that office would be effective to perfect a security interest under Article 9 of the Uniform Commercial Code as amended by this act;(2) the pre-effective-date financing statement was filed in an office in another state; and(3) the initial financing statement satisfies subsection (c) of this section.(b) The filing of an initial financing statement under subsection (a) of this section continues the effectiveness of the pre-effective-date financing statement:(1) if the initial financing statement is filed before this act takes effect, for the period provided in Section 1-9-515 of Title 12A of the Oklahoma Statutes as it existed before amendment by this act with respect to a financing statement; and(2) if the initial financing statement is filed after this act takes effect, for the period provided in Section 1-9-515 of Title 12A of the Oklahoma Statutes as amended by this act with respect to an initial financing statement.(c) To be effective for purposes of subsection (a) of this section, an initial financing statement must:(1) satisfy the requirements of Part 5 of Article 9 of the Uniform Commercial Code as amended by this act for an initial financing statement;(2) identify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and(3) indicate that the pre-effective-date financing statement remains effective.Added by Laws 2015, c. 374, § 22, eff. Nov. 1, 2015.
12A OK Stat § 12A-1-9-807 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-9-807. Amendment of pre-effective-date financing statement.

|AMENDMENT OF PRE-EFFECTIVE-DATE FINANCING STATEMENT |(a) In this section, "pre-effective-date financing statement" means a financing statement filed before this act takes effect.(b) After this act takes effect on November 1, 2015, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Article 9 of the Uniform Commercial Code as amended by this act. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.(c) Except as otherwise provided in subsection (d) of this section, if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after this act takes effect only if:(1) the pre-effective-date financing statement and an amendment are filed in the office specified in Section 1-9-501 of Title 12A of the Oklahoma Statutes;(2) an amendment is filed in the office specified in Section 1-9-501 of Title 12A of the Oklahoma Statutes concurrently with, or after the filing in that office of, an initial financing statement that satisfies subsection (c) of Section 22 of this act; or(3) an initial financing statement that provides the information as amended and satisfies subsection (c) of Section 22 of this act is filed in the office specified in Section 1-9-501 of Title 12A of the Oklahoma Statutes.(d) If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under subsection (c) of Section 21 of this act or subsection (c) of Section 22 of this act or this section.(e) Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after this act takes effect by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies subsection (c) of Section 23 of this act has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Article 9 of the Uniform Commercial Code as amended by this act as the office in which to file a financing statement.Added by Laws 2015, c. 374, § 23, eff. Nov. 1, 2015.
12A OK Stat § 12A-1-9-808 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-9-808. Persons entitled to file initial financing statement or continuation statement.

|PERSONS ENTITLED TO FILE INITIAL |FINANCING STATEMENT OR CONTINUATION STATEMENTA person may file an initial financing statement or a continuation statement under this part if:(1) the secured party of record authorizes the filing; and(2) the filing is necessary under this part:(A)to continue the effectiveness of a financing statement filed before this act takes effect; or(B)to perfect or continue the perfection of a security interest.Added by Laws 2015, c. 374, § 24, eff. Nov. 1, 2015.
12A OK Stat § 12A-1-9-809 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-9-809. Priority.

|PRIORITY |This act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this act takes effect, Article 9 of the Uniform Commercial Code as it existed before amendment by this act determines priority.Added by Laws 2015, c. 374, § 25, eff. Nov. 1, 2015.
12A OK Stat § 12A-1-101 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-101. Short titles.

|Short Titles. |(a) Sections 1-101 through 11-107 of this title shall be known and may be cited as the “Uniform Commercial Code”.(b) This article shall be known and may be cited as “Uniform Commercial Code - General Provisions”.Added by Laws 1961, p. 69, § 1-101. Amended by Laws 1988, c. 86, § 79, eff. Nov. 1, 1988; Laws 2005, c. 139, § 1, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-102 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-102. Scope of article.

|Scope of Article. |This article applies to a transaction to the extent that it is governed by another article of the Uniform Commercial Code.Added by Laws 1961, p. 69, § 1-102. Amended by Laws 2005, c. 139, § 2, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-103 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-103. Construction of Uniform Commercial Code to promote its purposes and policies - Applicability of supplemental principles of law.

|Construction of Uniform Commercial Code to Promote Its Purposes and Policies; Applicability of Supplemental Principles of Law. |(a) The Uniform Commercial Code shall be liberally construed and applied to promote its underlying purposes and policies, which are:(1)to simplify, clarify and modernize the law governing commercial transactions;(2)to permit the continued expansion of commercial practices through custom, usage and agreement of the parties; and(3)to make uniform the law among the various jurisdictions.(b) Unless displaced by the particular provisions of the Uniform Commercial Code, the principles of law and equity, including the law merchant and the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, or other validating or invalidating cause shall supplement its provisions.Added by Laws 1961, p. 69, § 1-103. Amended by Laws 2005, c. 139, § 3, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-104 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-104. Construction against implicit repeal.

|Construction Against Implicit Repeal. |The Uniform Commercial Code being a general act intended as a unified coverage of its subject matter, no part of it shall be deemed to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided.Added by Laws 1961, p. 69, § 1-104. Amended by Laws 2005, c. 139, § 4, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-106 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-106. Use of singular and plural - Gender.

|Use of Singular and Plural; Gender. |In the Uniform Commercial Code, unless the statutory context otherwise requires:(1) words in the singular number include the plural, and in the plural include the singular; and(2) words of any gender include any other gender.Added by Laws 1961, p. 70, § 1-106. Amended by Laws 2005, c. 139, § 5, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-107 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-107. Section captions.

|Section Captions. |Section captions are part of the Uniform Commercial Code.Added by Laws 1961, p. 70, § 1-107. Amended by Laws 2005, c. 139, § 6, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-108.1 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-108.1. Relationship to Electronic Signatures in Global and National Commerce Act.

|Article 1 of the Uniform Commercial Code modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C., Section 7001 et seq., except that nothing in this article modifies, limits or supersedes Section 7001(c) of that Act or authorizes electronic delivery of any of the notices described in Section 7003(b) of that Act. |Added by Laws 2005, c. 139, § 7, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-202 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-202. Notice - Knowledge.

|Notice; Knowledge. |(a) Subject to subsection (f) of this section, a person has "notice" of a fact if the person:(1)has actual knowledge of it;(2)has received a notice or notification of it; or(3)from all the facts and circumstances known to the person at the time in question, has reason to know that it exists.(b) “Knowledge" means actual knowledge. “Knows” has a corresponding meaning.(c) “Discover" or "learn" or a word or phrase of similar import refers to knowledge rather than to reason to know.(d) A person "notifies" or "gives" a notice or notification to another person by taking such steps as may be reasonably required to inform the other person in ordinary course whether or not the other person actually comes to know of it.(e) Subject to subsection (f) of this section, a person "receives" a notice or notification when:(1)it comes to the attention of the person; or(2)it is duly delivered in a form reasonable under the circumstances at the place of business through which the contract was made or at another location held out by that person as the place for receipt of such communications.(f) Notice, knowledge, or a notice or notification received by an organization is effective for a particular transaction from the time when it is brought to the attention of the individual conducting that transaction, and, in any event, from the time it would have been brought to the attention of the individual if the organization had exercised due diligence. An organization exercises due diligence if it maintains reasonable routines for communicating significant information to the person conducting the transaction and there is reasonable compliance with the routines. Due diligence does not require an individual acting for the organization to communicate information unless such communication is part of the regular duties of the individual or unless the individual has reason to know of the transaction and that the transaction would be materially affected by the information.Added by Laws 1961, p. 73, § 1-202. Amended by Laws 2005, c. 139, § 9, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-204 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-204. "Value".

|“Value”. |Except as otherwise provided in Articles 3, 4 and 5 of the Uniform Commercial Code, a person gives value for rights if the person acquires them:(1) in return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;(2) as security for, or in total or partial satisfaction of, a preexisting claim;(3) by accepting delivery under a preexisting contract for purchase; or(4) in return for any consideration sufficient to support a simple contract.Added by Laws 1961, p. 73, § 1-204. Amended by Laws 2005, c. 139, § 11, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-205 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-205. Reasonable time - Seasonableness.

|Reasonable Time; Seasonableness. |(a) Whether a time for taking an action required by the Uniform Commercial Code is reasonable depends on the nature, purpose, and circumstances of the action.(b) An action is taken seasonably if it is taken at or within the time agreed or, if no time is agreed, at or within a reasonable time.Added by Laws 1961, p. 73, § 1-205. Amended by Laws 2005, c. 139, § 12, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-206 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-206. Presumptions.

|Presumptions. |Whenever the Uniform Commercial Code creates a “presumption” with respect to a fact, or provides that a fact is “presumed”, the trier of fact must find the existence of the fact unless and until evidence is introduced that supports a finding of its nonexistence.Added by Laws 1961, p. 74, § 1-206. Amended by Laws 1995, c. 242, § 53, eff. Feb. 1, 1996; Laws 2005, c. 139, § 13, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-301 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-301. Territorial applicability - Parties’ power to choose applicable law.

|Territorial Applicability; Parties’ Power to Choose Applicable Law. |(a) Except as provided hereafter in this section, when a transaction bears a reasonable relation to this state and also to another state or nation, the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties. Failing such agreement, this title applies to transactions bearing an appropriate relation to this state.(b) To the extent that the Uniform Commercial Code governs a transaction, if one of the following provisions of the Uniform Commercial Code specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified:(1) Section 2-402 of this title;(2) Sections 2A-105 and 2A-106 of this title;(3) Section 4-102 of this title;(4) Section 4A-507 of this title;(5) Section 5-116 of this title;(6) Section 8-110 of this title; and(7) Sections 1-9-301 through 1-9-307 of this title.Added by Laws 2005, c. 139, § 14, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-302 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-302. Variation by agreement.

|Variation by Agreement. |(a) Except as otherwise provided in subsection (b) of this section or elsewhere in the Uniform Commercial Code, the effect of the Uniform Commercial Code may be varied by agreement.(b) The obligations of good faith, diligence, reasonableness, and care prescribed by the Uniform Commercial Code may not be disclaimed by agreement. The parties, by agreement, may determine the standards by which the performance of those obligations is to be measured if those standards are not manifestly unreasonable. Whenever the Uniform Commercial Code requires an action to be taken within a reasonable time, a time that is not manifestly unreasonable may be fixed by agreement.(c) The presence in certain provisions of the Uniform Commercial Code of the phrase “unless otherwise agreed” or words of similar import does not imply that the effect of other provisions may not be varied by agreement under this section.Added by Laws 2005, c. 139, § 15, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-303 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-303. Course of Performance, Course of Dealing, and Usage of Trade.

|Course of Performance, Course of Dealing, and Usage of Trade. |(a) A “course of performance” is a sequence of conduct between the parties to a particular transaction that exists if:(1) the agreement of the parties with respect to the transaction involves repeated occasions for performance by a party; and(2) the other party, with knowledge of the nature of the performance and opportunity for objection to it, accepts the performance or acquiesces in it without objection.(b) A “course of dealing” is a sequence of conduct concerning previous transactions between the parties to a particular transaction that is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct.(c) A “usage of trade” is any practice or method of dealing having such regularity of observance in a place, vocation, or trade as to justify an expectation that it will be observed with respect to the transaction in question. The existence and scope of such a usage must be proved as facts. If it is established that such a usage is embodied in a trade code or similar record, the interpretation of the record is a question of law.(d) A course of performance or course of dealing between the parties or usage of trade in the vocation or trade in which they are engaged or of which they are or should be aware is relevant in ascertaining the meaning of the agreement of the parties, may give particular meaning to specific terms of the agreement, and may supplement or qualify the terms of the agreement. A usage of trade applicable in the place in which part of the performance under the agreement is to occur may be so utilized as to that part of the performance.(e) Except as otherwise provided in subsection (f) of this section, the express terms of an agreement and any applicable course of performance, course of dealing, or usage of trade must be construed whenever reasonable as consistent with each other. If such a construction is unreasonable:(1) express terms prevail over course of performance, course of dealing, and usage of trade;(2) course of performance prevails over course of dealing and usage of trade; and(3) course of dealing prevails over usage of trade.(f) Subject to Section 2-209 and Section 2A-208 of this title, a course of performance is relevant to show a waiver or modification of any term inconsistent with the course of performance.(g) Evidence of a relevant usage of trade offered by one party is not admissible unless that party has given the other party notice that the court finds sufficient to prevent unfair surprise to the other party.Added by Laws 2005, c. 139, § 16, eff. Jan. 1, 2006. Amended by Laws 2009, c. 208, § 1, eff. Nov. 1, 2009.NOTE: Laws 2008, c. 382, § 1 was held unconstitutional by the Oklahoma Supreme Court in the case of Weddington v. Henry, 202 P.3d 143, 2008 OK 102 (2009) and repealed by Laws 2009, c. 208, § 22, eff. Nov. 1, 2009.
12A OK Stat § 12A-1-304 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-304. Obligation of good faith - Breach.

|Obligation of Good Faith. |Every contract of duty within the Uniform Commercial Code imposes an obligation of good faith in its performance and enforcement. Breach of the obligation of good faith imposed by this section shall not give rise to a separate tort cause of action.Added by Laws 2005, c. 139, § 17, eff. Jan. 1, 2006. Amended by Laws 2013, 1st Ex.Sess., c. 16, § 2; Laws 2013, 1st Ex.Sess., c. 16, § 3.NOTE: Laws 2009, c. 228, § 21 was held unconstitutional by the Oklahoma Supreme Court in the case of Douglas v. Cox Retirement Properties, Inc., 2013 OK 37, 302 P.2d 789 (Okla. 2013) and repealed by Laws 2013, 1st Ex.Sess., c. 16, § 1.
12A OK Stat § 12A-1-305 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-305. Remedies to be liberally administered.

|Remedies to Be Liberally Administered. |(a) The remedies provided by the Uniform Commercial Code must be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed but neither consequential or special nor penal damages may be had except as specifically provided in the Uniform Commercial Code or by other rule of law.(b) Any right or obligation declared by the Uniform Commercial Code is enforceable by action unless the provision declaring it specifies a different and limited effect.Added by Laws 2005, c. 139, § 18, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-306 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-306. Waiver or renunciation of claim or right after breach.

|Waiver or Renunciation of Claim or Right after Breach. |A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the aggrieved party in an authenticated record.Added by Laws 2005, c. 139, § 19, eff. Jan. 1, 2006.
12A OK Stat § 12A-1-307 (2021)
2021 Oklahoma Statutes|Title 12A. Commercial Code|§12A-1-307. Prima facie evidence by third-party documents.

|Prima Facie Evidence by Third-Party Documents. |A document in due form purporting to be a bill of lading, policy or certificate of insurance, official weigher's or inspector's certificate, consular invoice, or any other document authorized or required by the contract to be issued by a third party is prima facie evidence of its own authenticity and genuineness and of the facts stated in the document by the third party.Added by Laws 2005, c. 139, § 20, eff. Jan. 1, 2006.