Oklahoma Code § 12A-12-104

Title 12A. Uniform Commercial Code: Rights in controllable account, controllable
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electronic record, and controllable payment intangible.
RIGHTS IN CONTROLLABLE ACCOUNT, CONTROLLABLE ELECTRONIC RECORD, AND
CONTROLLABLE PAYMENT INTANGIBLE
(a)  This section applies to the acquisition and purchase of
rights in a controllable account or controllable payment intangible,
including the rights and benefits under subsections (c), (d), (e),
(g), and (h) of this section of a purchaser and qualifying

purchaser, in the same manner this section applies to a controllable
electronic record.
(b)  To determine whether a purchaser of a controllable account
or a controllable payment intangible is a qualifying purchaser, the
purchaser obtains control of the account or payment intangible if it
obtains control of the controllable electronic record that evidences
the account or payment intangible.
(c)  Except as provided in this section, law other than this
article determines whether a person acquires a right in a
controllable electronic record and the right the person acquires.
(d)  A purchaser of a controllable electronic record acquires
all rights in the controllable electronic record that the transferor
had or had power to transfer, except that a purchaser of a limited
interest in a controllable electronic record acquires rights only to
the extent of the interest purchased.
(e)  A qualifying purchaser acquires its rights in the
controllable electronic record free of a claim of a property right
in the controllable electronic record.
(f)  Except as provided in subsections (a) and (e) of this
section for a controllable account and a controllable payment
intangible or law other than this article, a qualifying purchaser
takes a right to payment, right to performance, or other interest in
property evidenced by the controllable electronic record subject to
a claim of a property right in the right to payment, right to
performance, or other interest in property.
(g)  An action may not be asserted against a qualifying
purchaser based on both a purchase by the qualifying purchaser of a
controllable electronic record and a claim of a property right in
another controllable electronic record, whether the action is framed
in conversion, replevin, constructive trust, equitable lien, or
other theory.
(h)  Filing of a financing statement under Article 9 of this
title is not notice of a claim of a property right in a controllable
electronic record.

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