Okla. Stat. tit. 12A, § 1-9-320.4
Protection of Buyers of Farm Products, Commission Merchants and Selling Agents
Effective Jul 1, 2001Laws 1987, HB 1052, c. 69, § 4, emerg. eff. July 1, 1987; Amended by Laws 2000, SB 1519, c. 371, § 44, eff. July 1, 2001 (superseded document available); Renumbered from 12A O.S. § 9-307.4 by Laws 2000, SB 1519, c. 371, § 183, eff. July 1, 2001; Amended by Laws 2025, SB 988, c. 419, § 3, (Effective one hundred eighty (180) days from the certification of the central filing system by the USDA, pursuant to the implementation effective date set forth in Section 1-9-320.6 of Title 12A of the Oklahoma Statutes. Upon the occurrence of such implementation, the Oklahoma County Clerk shall issue a formal notification to the President Pro Tempore of the Senate, the Speaker of the House of Representatives, the Governor, and the Secretary of State indicating that the contingency has been met and the amendments shall take effect.) (superseded document available).
Amendment by Laws 2025, SB 988, c. 419, § 3, shall become effective one hundred eighty (180) days from the certification of the central filing system by the USDA, pursuant to the implementation effective date set forth in Section 1-9-320.6 of Title 12A of the Oklahoma Statutes. Upon the occurrence of such implementation, the Oklahoma County Clerk shall issue a formal notification to the President Pro Tempore of the Senate, the Speaker of the House of Representatives, the Governor, and the Secretary of State indicating that the contingency has been met and the amendments shall take effect.
- (a)
- (i) the buyer of the farm products, commission merchant, or selling agent has failed to register with the Oklahoma County Clerk prior to the purchase of the farm products and the secured party has filed an effective financing statement that covers the farm products being sold; or
- (ii) the buyer of farm products, commission merchant or selling agent receives from the Oklahoma County Clerk written notice as provided in paragraph (d) or (f) of subsection (4) of Section 1-9-320.6 of this title, and the buyer of farm products, commission merchant or selling agent does not secure a waiver or release of the security interest specified in an effective financing statement from the secured party by performing any payment obligation or otherwise; or
- (b) the secured party or the seller provides written notice of the security interest pursuant to the provisions of Section 1-9-320.7 of this title.
PROTECTION OF BUYERS OF FARM PRODUCTS,
COMMISSION MERCHANTS AND SELLING AGENTS
A buyer of farm products, commission merchant, or selling agent who purchases or sells farm products in the ordinary course of business from or for a person engaged in farming operations takes subject to a security interest in the farm products if:
Laws 1987, HB 1052, c. 69, § 4, emerg. eff. July 1, 1987; Amended by Laws 2000, SB 1519, c. 371, § 44, eff. July 1, 2001 (superseded document available); Renumbered from 12A O.S. § 9-307.4 by Laws 2000, SB 1519, c. 371, § 183, eff. July 1, 2001; Amended by Laws 2025, SB 988, c. 419, § 3, (Effective one hundred eighty (180) days from the certification of the central filing system by the USDA, pursuant to the implementation effective date set forth in Section 1-9-320.6 of Title 12A of the Oklahoma Statutes. Upon the occurrence of such implementation, the Oklahoma County Clerk shall issue a formal notification to the President Pro Tempore of the Senate, the Speaker of the House of Representatives, the Governor, and the Secretary of State indicating that the contingency has been met and the amendments shall take effect.) (superseded document available).