For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.

Laws 2000, SB 1519, c. 371, § 113, eff. July 1, 2001.

Oklahoma Code Comment

In Oklahoma, agricultural liens arise under such provisions as 42 Okla. Stat. sections 47, 48, 111, and 115 as well as 2 Okla. Stat. sections 3-50.9 and 3-50.9a. Statutory enforcement tracks through their accompanying provisions and 42 Okla. Stat. section 91.

See generally Drew L. Kershen and Alvin C. Harrell, Agricultural Finance-Comparing the Current and Revised Article 9, 33 U.C.C. L.J. 169 (2000).