Oklahoma UCC Article 9 Amendment

Oklahoma House Bill 1773 was signed on June 4 enacting the UCC Article 9 2010 Amendments.  The new law will go into effect on November 1, 2015.

Oklahoma’s law adopts the Alternative A “Only If” option for determining what is the correct name to use for individuals.  The only sufficient source of an individual debtor name is the person’s unexpired Oklahoma driver’s license.