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Oklahoma Legislature· SB 988Becomes law without Governor's signature 05/28/2025

An act relating to the Uniform Commercial Code, the official text

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1                       STATE OF OKLAHOMA

1

2                  1st Session of the 60th Legislature (2025)

2

3 SENATE BILL 988                  By: Reinhardt
3

4

4

5

5

6                       AS INTRODUCED

6

7   An Act relating to the Uniform Commercial Code;

7   amending 12A O.S. 2021, Sections 1-9-320.2, 1-9-

8   320.3, 1-9-320.4, 1-9-320.6, as amended by Section 1,

8   Chapter 109, O.S.L. 2022, 1-9-322, 1-9-501, and 1-9-

9   710 (12A O.S. Supp. 2024, Section 1-9-320.6), which

9   relate to secured transactions; transferring certain

10  authority from Secretary of State to Oklahoma County

10  Clerk; directing Oklahoma County Clerk to take

11  certain actions; modifying certain filing procedures;

11  amending 28 O.S. 2021, Section 111, as amended by

12  Section 2, Chapter 109, O.S.L. 2022 (28 O.S. Supp.

12  2024, Section 111), which relates to fees to be

13  charged by Secretary of State; transferring certain

13  fees from Secretary of State to Oklahoma County

14  Clerk; providing an effective date; and declaring an

14  emergency.

15

15

16

16

17 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
17

18  SECTION 1.     AMENDATORY      12A O.S. 2021, Section 1-9-320.2,

18

19 is amended to read as follows:
19

20  Section 1-9-320.2.

20

21                 DEFINITIONS; REQUISITES OF AN

21

22                 EFFECTIVE FINANCING STATEMENT

22

23  As used in this section and Sections 1-9-320.1 through 1-9-320.7

23

24 of this title:
24

    Req. No. 1259                                              Page 1
1   (a) "Buyer in the ordinary course of business" means a

1

2                  person who, in the ordinary course of business, buys

2

3                  farm products from a person engaged in farming

3

4                  operations who is in the business of selling farm

4

5                  products.

5

6   (b) "Central filing system" means a system for filing

6

7                  effective financing statements on a statewide basis

7

8                  and which has been certified by the Secretary of the

8

9                  United States Department of Agriculture.

9

10  (c) "Commission merchant" means any person engaged in the

10

11                 business of receiving any farm product for sale, on

11

12                 commission, or for or on behalf of another person.

12

13  (d) "Effective financing statement" means a statement

13

14                 that:

14

15                 (i) is an original or reproduced form consistent with

15

16                        the provisions of this act and approved by the

16

17                        Secretary of State Oklahoma County Clerk;

17

18  (ii) is signed and filed with the Secretary of State

18

19                        Oklahoma County Clerk by the secured party;

19

20  (iii) is signed by the debtor;

20

21  (iv) contains:

21

22                        (A) the name and address of the secured party,

22

23                        (B) the name and address of the person indebted

23

24                            to the secured party,

24

    Req. No. 1259                                            Page 2
1                  (C) the social security number of the debtor or,

1

2                  in the case of a debtor doing business other

2

3                  than as an individual, the Internal Revenue

3

4                  Service taxpayer identification number of

4

5                  such debtor,

5

6                  (D) the farm product name,

6

7                  (E) each county in this state where the farm

7

8                  product is produced or to be produced or a

8

9                  blanket code covering all 77 Oklahoma

9

10                 counties,

10

11                 (F) a description of the farm products subject

11

12                 to the security interest only if needed to

12

13                 distinguish it from other such farm products

13

14                 owned by the same person or persons but not

14

15                 subject to the particular interest; and

15

16                 (G) the crop year, unless every crop of the farm

16

17                 product in question, for the duration of the

17

18                 effective financing statement, is to be

18

19                 subject to the particular security interest.

19

20                 (v) (iv) must be amended in writing, within three

20

21                 (3) months, similarly signed and filed, to

21

22                 reflect material changes;

22

23  (vi) (v) remains effective for a period of five (5)

23

24                 years from the date of filing, subject to

24

    Req. No. 1259                              Page 3
1                  extensions for additional periods of five (5)

1

2                  years each by refiling or filing a continuation

2

3                  statement within six (6) months before the

3

4                  expiration of the initial five-year period;

4

5   (vii) (vi) is not removed from the public database but

5

6                  is not reported as an active files file when the

6

7                  statement lapses on the expiration of the

7

8                  effective period of the statement or when a

8

9                  termination statement from the secured party is

9

10                 accepted, whichever occurs first;

10

11  (viii) (vii) is accompanied by the requisite filing fee

11

12                 provided for in Section 111 of Title 28 of the

12

13                 Oklahoma Statutes; and

13

14  (ix) (viii) substantially complies with the

14

15                 requirements of this paragraph even though it

15

16                 contains minor errors that are not seriously

16

17                 misleading.

17

18                 (x) (ix) may reflect multiple products or products

18

19                 in multiple counties.

19

20  (e) "Farm product" means an agricultural commodity such as

20

21                 wheat, corn, soybeans, or a species of livestock such

21

22                 as cattle, hogs, sheep, horses, or poultry used or

22

23                 produced in farming operations, or a product of such

23

24                 crop or livestock in its unmanufactured state (such as

24

    Req. No. 1259                                     Page 4
1                  ginned cotton, wool-clip, maple syrup, milk, and

1

2                  eggs), that is in the possession of a person engaged

2

3                  in farming operations.

3

4            (f) "Knows" or "knowledge" means actual knowledge.

4

5            (g) "Person" means any individual, partnership,

5

6                  corporation, limited liability company, trust, or any

6

7                  other business entity.

7

8            (h) "Security interest" means an interest in farm products

8

9                  that secures payment or performance of an obligation.

9

10           (i) "Selling agent" means any person, other than a

10

11                 commission merchant, who is engaged in the business of

11

12                 negotiating the sale and purchase of any farm product

12

13                 on behalf of a person engaged in farming operations.

13

14  (2) Unless otherwise provided for in this act, for purposes of

14

15 this section and Sections 4 and 6 of this act, receipt of notice
15

16 shall be presumed if notice is sent by first-class mail, postage
16

17 prepaid.
17

18  SECTION 2.     AMENDATORY      12A O.S. 2021, Section 1-9-320.3,

18

19 is amended to read as follows:
19

20  Section 1-9-320.3.

20

21                 FORMS; DUTY OF SECRETARY OF STATE

21

22  The Secretary of State Oklahoma County Clerk shall develop and

22

23 maintain a standard form for an effective financing statement and
23

24 for a statement of continuation, partial release, amendment, or
24

    Req. No. 1259                                             Page 5
1 assignment thereof, which shall be consistent with the provisions of
1

2 Sections 1-9-320.1 through 1-9-320.7 of this title.
2

3   SECTION 3.     AMENDATORY     12A O.S. 2021, Section 1-9-320.4,

3

4 is amended to read as follows:
4

5   Section 1-9-320.4.

5

6                  PROTECTION OF BUYERS OF FARM PRODUCTS,

6

7                  COMMISSION MERCHANTS AND SELLING AGENTS

7

8   A buyer of farm products, commission merchant, or selling agent

8

9 who purchases or sells farm products in the ordinary course of
9

10 business from or for a person engaged in farming operations takes
10

11 subject to a security interest in the farm products if:
11

12  (a) (i) the buyer of the farm products, commission merchant,

12

13                 or selling agent has failed to register with the

13

14                 Secretary of State Oklahoma County Clerk prior to the

14

15                 purchase of the farm products and the secured party

15

16                 has filed an effective financing statement that covers

16

17                 the farm products being sold; or

17

18  (ii) the buyer of farm products, commission merchant or

18

19                 selling agent receives from the Secretary of State

19

20                 Oklahoma County Clerk written notice as provided in

20

21                 paragraph (d) or (f) of subsection (4) of Section 1-9-

21

22                 320.6 of this title, and the buyer of farm products,

22

23                 commission merchant or selling agent does not secure a

23

24                 waiver or release of the security interest specified

24

    Req. No. 1259                                           Page 6
1                  in an effective financing statement from the secured

1

2                  party by performing any payment obligation or

2

3                  otherwise; or

3

4   (b) the secured party or the seller provides written notice of

4

5   the security interest pursuant to the provisions of Section

5

6   1-9-320.7 of this title.

6

7   SECTION 4.     AMENDATORY     12A O.S. 2021, Section 1-9-320.6,

7

8 as amended by Section 1, Chapter 109, O.S.L. 2022 (12A O.S. Supp.
8

9 2024, Section 1-9-320.6), is amended to read as follows:
9

10  Section 1-9-320.6.

10

11  CENTRAL FILING SYSTEM RELATING TO FARM PRODUCTS

11

12  (1) The Secretary of State Oklahoma County Clerk shall be

12

13 responsible for developing and implementing maintaining the central
13

14 filing system. This responsibility shall include obtaining the
14

15 necessary certification for the system from the United States
15

16 Department of Agriculture ("USDA"). The effective date for the
16

17 implementation of the central filing system was October 24, 1988
17

18 shall be October 1, 2025.
18

19  (2) The Secretary of State Oklahoma County Clerk may

19

20 promulgate, in accordance with the applicable provisions of the
20

21 Administrative Procedures Act, laws governing business within its
21

22 office, appropriate rules and practices of the filing office in
22

23 harmony with the rules and practices of filing offices in other
23

24 jurisdictions that enact substantially this part and to keep the
24

    Req. No. 1259                                                 Page 7
1 technology used by the filing office compatible with the technology
1

2 used by filing offices in other jurisdictions that enact
2

3 substantially this part. The Oklahoma County Clerk, so far as is
3

4 consistent with the purposes, policies, and provisions of this
4

5 article in adopting, amending, and repealing filing office rules,
5

6 shall:
6

7         (a) consult with filing offices in other jurisdictions

7

8                  that enact substantially this part,

8

9         (b) consult the International Association of Commercial

9

10                 Administrators or any successor organization, and

10

11        (c) take into consideration the rules and practices of,

11

12                 and the technology used by, filing offices in other

12

13                 jurisdictions that enact substantially this part, for

13

14                 the implementation and operation of the central filing

14

15                 system.

15

16  (3) The Office of Management and Enterprise Services shall

16

17 assist the Secretary of State in developing and implementing the
17

18 central filing system.
18

19  (4) The central filing system shall conform to the following

19

20 requirements:
20

21        (a) The Secretary of State Oklahoma County Clerk shall

21

22                 record the date and, hour, minute, and second of the

22

23                 filing of each effective financing statement;

23

24

24

    Req. No. 1259                                                 Page 8
1   (b) The Secretary of State Oklahoma County Clerk shall

1

2                  compile all effective financing statements into a

2

3                  master list:

3

4                  (i) organized according to farm products;

4

5   (ii) arranged within each such product:

5

6                  (A) in alphabetical order according to the last

6

7                  name of the individual debtors or, in the

7

8                  case of debtors doing business other than as

8

9                  individuals, the first word in the name of

9

10                 the debtors;

10

11                 (B) in numerical order according to the Social

11

12                 Security number of the individual debtors

12

13                 or, in the case of debtors doing business

13

14                 other than as individuals, the Internal

14

15                 Revenue Service taxpayer identification

15

16                 number of the debtors;

16

17                 (C) geographically by county produced; and

17

18                 (D) by crop year; and

18

19  (iii) containing the information provided for in

19

20                 subparagraph (iv) of paragraph (d) of Section 1-

20

21                 9-320.2 of this title;

21

22  (iv) portions of the master list shall be available in

22

23                 hard copy, electronic formats, or via Internet

23

24

24

    Req. No. 1259                                             Page 9
1                  download, and may be organized by other sorting

1

2                  methods in addition to the methods listed above.

2

3   (c) The Secretary of State shall maintain records of all

3

4                  buyers of farm products, commission merchants, selling

4

5                  agents and others who register with the Secretary of

5

6                  State, on a form containing:

6

7                  (i) the name and address of each registrant;

7

8   (ii) the information on the farm product or products

8

9                  that the registrant is requesting;

9

10  (iii) the name of each county where the product is

10

11                 produced or to be produced, or a blanket code

11

12                 covering all seventy-seven (77) counties of this

12

13                 state; and

13

14  (iv) an authorized signature.

14

15  (d) (i) A copy of those portions of the master list

15

16                 covering the information requested by a

16

17                 registrant shall be distributed to such

17

18                 registrants by the Secretary of State on or

18

19                 before the last business day of each month and

19

20                 shall be presumed to have been received by the

20

21                 third business day of the following month.

21

22  (ii) Registrants shall be deemed to be registered only

22

23                 as to those portions of the master list for which

23

24                 they register, and shall be deemed to have failed

24

    Req. No. 1259                                           Page 10
1                  to register and shall not be considered to be

1

2                  registrants as to those portions for which they

2

3                  do not register.

3

4   (iii) Registrants are subject only to security

4

5                  interests shown on the portions of the master

5

6                  list which they receive as a consequence of

6

7                  registration with the Secretary of State.

7

8   (iv) If a particular security interest is shown on the

8

9                  master list, but was included since the last

9

10                 regular distribution of portions of the master

10

11                 list to registrants, registrants shall not be

11

12                 subject to that security interest;

12

13  (e) The duration of the registration with the Secretary of

13

14                 State of a buyer of farm products, commission

14

15                 merchant, selling agent or other registrant shall be

15

16                 one (1) year from the effective date of the

16

17                 registration with the Secretary of State.

17

18  (f) (i) Upon request, within twenty-four (24) hours of

18

19                 any inquiry, for information, the Secretary of

19

20                 State Oklahoma County Clerk shall provide verbal

20

21                 confirmation of the existence or nonexistence of

21

22                 any effective financing statement on file. By

22

23                 the close of the business day following the day

23

24                 on which the request was received, written

24

    Req. No. 1259                                               Page 11
1                  confirmation of the existence of an effective

1

2                  financing statement will be provided to buyers of

2

3                  farm products, commission merchants, and selling

3

4                  agents who have not registered, and others who

4

5                  request it.

5

6   (ii) The state or political subdivision shall not be

6

7                  liable if a loss or claim results from any

7

8                  confirmation of the existence or nonexistence of

8

9                  any effective financing statement on file in the

9

10                 Office of the Secretary of State Oklahoma County

10

11                 Clerk's office made in good faith by an employee

11

12                 of the Office of the Secretary of State Oklahoma

12

13                 County Clerk's office as required by the

13

14                 provisions of this section.

14

15  (5) (4) The filing in the office of the Secretary of State

15

16 Oklahoma County Clerk under this section shall be in addition to the
16

17 filing requirements provided for in this article.
17

18  (6) (5) A financing or continuation statement covering farm

18

19 products that has not lapsed and which was filed pursuant to this
19

20 title between December 23, 1986, and October 24, 1988, inclusive,
20

21 and for which no written notice was furnished as provided in Section
21

22 1-9-320.7 of this title, shall become ineffective as to a buyer of
22

23 farm products, commission merchant or selling agent, unless the
23

24

24

    Req. No. 1259                                     Page 12
1 secured party files an effective financing statement in the office
1

2 of the Secretary of State Oklahoma County Clerk.
2

3   (7) (6) An effective financing statement shall not be deemed

3

4 filed in accordance with the provisions of this section until all
4

5 fees authorized by Section 111 of Title 28 of the Oklahoma Statutes
5

6 relating to the filing of the statement are tendered to the
6

7 Secretary of State Oklahoma County Clerk.
7

8   (8) (7) The secured party shall file a termination statement

8

9 within twenty (20) days after there is no outstanding secured
9

10 obligation or commitment to make advances, incur obligations or
10

11 otherwise give value. The termination statement shall refer to the
11

12 unique document ID number. The secured party shall not be required
12

13 to file a termination statement if the debtor, in writing, addressed
13

14 to the secured party, requests that a termination not be filed. The
14

15 request shall be signed by the debtor or an authorized
15

16 representative and the request may be made at any time prior to the
16

17 expiration date of an effective financing statement set forth
17

18 herein. If the affected secured party fails to file a termination
18

19 statement as required by this subsection, the party shall be liable
19

20 to the Secretary of State Oklahoma County Clerk for Five Hundred
20

21 Dollars ($500.00). In addition the affected secured party shall be
21

22 liable to the debtor for any loss caused to the debtor by the
22

23 failure to terminate the effective financing statement.
23

24

24

    Req. No. 1259                                           Page 13
1   (9) (8) The Attorney General Oklahoma County District Attorney

1

2 shall be responsible for enforcing the provisions of subsection (8)
2

3 (7) of this section on behalf of the Secretary of State Oklahoma
3

4 County Clerk and is authorized to take appropriate actions to
4

5 collect any penalties owed to the Secretary of State Oklahoma County
5

6 Clerk pursuant to subsection (8) (7) of this section. When
6

7 collected, the Oklahoma County District Attorney General shall cause
7

8 the penalty to be deposited into the Central Filing System Revolving
8

9 Fund Oklahoma County Clerk's Uniform Commercial Code Central Filing
9

10 Fund created pursuant to Section 276.3 of Title 62 of the Oklahoma
10

11 Statutes Section 1-9-525.1 of Title 12A of the Oklahoma Statutes.
11

12  (9) As the purpose of an effective financing statement filing

12

13 is to ensure that a joint check is made payable to the debtor and
13

14 all applicable secured parties, there shall be no priority among
14

15 filings. Filings shall be processed according to the order in which
15

16 they were filed, as recorded in a timestamp within the filing.
16

17  (10) All active filings on the effective date of this act, as

17

18 provided in paragraph (1) of this section, shall be filed with the
18

19 Oklahoma County Clerk's office. Each active filing that is filed
19

20 pursuant to the requirements of this paragraph shall be accompanied
20

21 with a transition document that shall be provided by the Oklahoma
21

22 County Clerk's office. The Oklahoma County Clerk's office shall
22

23 charge no fee for active filings that are migrated to the system
23

24 maintained by the Oklahoma County Clerk.
24

    Req. No. 1259                            Page 14
1   SECTION 5.     AMENDATORY         12A O.S. 2021, Section 1-9-322, is

1

2 amended to read as follows:
2

3   Section 1-9-322.

3

4            PRIORITIES AMONG CONFLICTING SECURITY INTERESTS

4

5            IN AND AGRICULTURAL LIENS ON SAME COLLATERAL

5

6   (a) Except as otherwise provided in this section, priority

6

7 among conflicting security interests and agricultural liens in the
7

8 same collateral is determined according to the following rules:
8

9   (1) Conflicting perfected security interests and agricultural

9

10 liens rank according to priority in time of filing or perfection.
10

11 Priority dates from the earlier of the time a filing covering the
11

12 collateral is first made or the security interest or agricultural
12

13 lien is first perfected, if there is no period thereafter when there
13

14 is neither filing nor perfection;
14

15  (2) A perfected security interest or agricultural lien has

15

16 priority over a conflicting unperfected security interest or
16

17 agricultural lien; and
17

18  (3) The first security interest or agricultural lien to attach

18

19 or become effective has priority if an effective financing statement
19

20 has been filed with the Oklahoma County Clerk's office, conflicting
20

21 security interests and agricultural liens are unperfected.
21

22  (b) For the purposes of paragraph (1) of subsection (a) of this

22

23 section:
23

24

24

    Req. No. 1259                                              Page 15
1   (1) The time of filing by the Oklahoma County Clerk's office or

1

2 perfection as to a security interest in collateral is also the time
2

3 of filing by the Oklahoma County Clerk's office or perfection as to
3

4 a security interest in proceeds; and
4

5   (2) The time of filing or perfection as to a security interest

5

6 in collateral supported by a supporting obligation is also the time
6

7 of filing or perfection as to a security interest in the supporting
7

8 obligation.
8

9   (c) Except as otherwise provided in subsection (f) of this

9

10 section, a security interest in collateral which qualifies for
10

11 priority over a conflicting security interest under Sections 1-9-
11

12 327, 1-9-328, 1-9-329, 1-9-330, or 1-9-331 of this title also has
12

13 priority over a conflicting security interest in:
13

14  (1) Any supporting obligation for the collateral; and

14

15  (2) Proceeds of the collateral if:

15

16  (A) the security interest in proceeds is perfected;

16

17  (B) the proceeds are cash proceeds or of the same type as

17

18                 the collateral; and

18

19  (C) in the case of proceeds that are proceeds of proceeds,

19

20                 all intervening proceeds are cash proceeds, proceeds

20

21                 of the same type as the collateral, or an account

21

22                 relating to the collateral.

22

23  (d) Subject to subsection (e) of this section and except as

23

24 otherwise provided in subsection (f) of this section, if a security
24

    Req. No. 1259                                          Page 16
1 interest in chattel paper, deposit accounts, negotiable documents,
1

2 instruments, investment property, or letter-of-credit rights is
2

3 perfected by a method other than filing, conflicting perfected
3

4 security interests in proceeds of the collateral rank according to
4

5 priority in time of filing.
5

6   (e) Subsection (d) of this section applies only if the proceeds

6

7 of the collateral are not cash proceeds, chattel paper, negotiable
7

8 documents, instruments, investment property, or letter-of-credit
8

9 rights.
9

10  (f) Subsections (a) through (e) of this section are subject to:

10

11  (1) subsection (g) of this section and the other provisions of

11

12 this part;
12

13  (2) Section 4-210 of this title with respect to a security

13

14 interest of a collecting bank;
14

15  (3) Section 5-118 of this title with respect to a security

15

16 interest of an issuer or nominated person; and
16

17  (4) Section 1-9-110 of this title with respect to a security

17

18 interest arising under Article 2 or 2A of this title.
18

19  (g) A perfected agricultural lien on collateral has priority

19

20 over a conflicting security interest in or agricultural lien on the
20

21 same collateral if the statute creating the agricultural lien so
21

22 provides.
22

23  SECTION 6.     AMENDATORY      12A O.S. 2021, Section 1-9-501, is

23

24 amended to read as follows:
24

    Req. No. 1259                                         Page 17
1   Section 1-9-501.

1

2                                FILING OFFICE

2

3   (a) Except as otherwise provided in subsection (b) of this

3

4 section, if the local law of this state governs perfection of a
4

5 security interest or agricultural lien, the office in which to file
5

6 a financing statement to perfect the security interest or
6

7 agricultural lien is:
7

8   (1) the office designated for the filing or recording of a

8

9 record of a mortgage on the related real property, if:
9

10  (A) the collateral is as-extracted collateral or timber to

10

11                 be cut; or

11

12  (B) the financing statement is filed as a fixture filing

12

13                 and the collateral is goods that are or are to become

13

14                 fixtures; or

14

15  (2) the office of the county clerk of Oklahoma County, in all

15

16 other cases, including a case in which the collateral is goods that
16

17 are or are to become fixtures and the financing statement is not
17

18 filed as a fixture filing.
18

19  (b) The office in which to file a financing statement to

19

20 perfect a security interest in collateral, including fixtures, of a
20

21 transmitting utility is the office of the Secretary of State
21

22 pursuant to Sections 17 and 18 of Title 46 of the Oklahoma Statutes
22

23 Oklahoma County Clerk. The financing statement also constitutes a
23

24

24

    Req. No. 1259                                            Page 18
1 fixture filing as to the collateral indicated in the financing
1

2 statement which is or is to become fixtures.
2

3   SECTION 7.     AMENDATORY  12A O.S. 2021, Section 1-9-710, is

3

4 amended to read as follows:
4

5   Section 1-9-710. (a) In this section:

5

6   (1) "Local-filing office" means a filing office, other than the

6

7 statewide filing office in the office of the County Clerk of
7

8 Oklahoma County or the statewide filing office in the office of the
8

9 Secretary of State, that is designated as the proper place to file a
9

10 financing statement under former Article 9 of this title;
10

11  (2) (A) "Former-Article 9 records" means:

11

12                 (i) financing statements and other records that have

12

13                 been filed in a local-filing office before July

13

14                 1, 2001, and that are, or upon processing and

14

15                 indexing will be, reflected in the index

15

16                 maintained by the local-filing office for filing

16

17                 for financing statements and other records filed

17

18                 in the local-filing office before July 1, 2001,

18

19                 and

19

20  (ii) the index maintained by the local-filing office

20

21                 as of June 30, 2001, including entries for

21

22                 filings completed before July 1, 2001, even

22

23                 though processed on or after that date.

23

24

24

    Req. No. 1259                                             Page 19
1            (B) "Former-Article 9 records" do not include records

1

2                  presented to a local-filing office for filing after

2

3                  June 30, 2001, whether or not the records relate to

3

4                  financing statements filed in the local-filing office

4

5                  before July 1, 2001; and

5

6   (3) "Mortgage", "as-extracted collateral", "fixture filing",

6

7 "goods" and "fixtures" have the meanings set forth in this article
7

8 of this title.
8

9   (b) A local-filing office shall not accept for filing a record

9

10 presented after June 30, 2001, whether or not the record relates to
10

11 a financing statement filed in the local-filing office before July
11

12 1, 2001.
12

13  (c) Until July 1, 2008, each local-filing office shall maintain

13

14 all former-Article 9 records in accordance with former-Article 9. A
14

15 former-Article 9 record which is filed before July 1, 2001, but
15

16 which is not reflected on the index maintained as of June 30, 2001,
16

17 by the local-filing office, shall be processed and indexed and
17

18 reflected on the index maintained as of June 30, 2001, as soon as
18

19 practicable, but in no event later than July 30, 2001.
19

20  (d) Until July 1, 2008, each local-filing office shall respond

20

21 to requests for information with respect to former-Article 9 records
21

22 relating to a debtor and shall issue certificates in accordance with
22

23 former-Article 9. The fees for issuing a certificate or for
23

24 furnishing a certified copy of a former-Article 9 record shall be
24

    Req. No. 1259                                          Page 20
1 the uniform fees provided by subsections (c) and (d) of Section 1-9-
1

2 525 of this title.
2

3   (e) After June 30, 2008, each local-filing office may remove

3

4 and destroy all former-Article 9 records pursuant to Section 155.2
4

5 of Title 19 of the Oklahoma Statutes.
5

6   (f) This section shall not apply, with respect to financing

6

7 statements and other records, to a filing office in which mortgages
7

8 or records of mortgages on real property are required to be filed or
8

9 recorded if:
9

10  (1) the collateral is timber to be cut or as-extracted

10

11 collateral, or
11

12  (2) the record is or relates to a financing statement files as

12

13 a fixture filing and the collateral is goods that are or are to
13

14 become fixtures.
14

15  SECTION 8.        AMENDATORY  28 O.S. 2021, Section 111, as

15

16 amended by Section 2, Chapter 109, O.S.L. 2022 (28 O.S. Supp. 2024,
16

17 Section 111), is amended to read as follows:
17

18  Section 111. A. In addition to other fees provided for by law,

18

19 the Secretary of State Oklahoma County Clerk shall collect the
19

20 following fees:
20

21  1. For affixing the certificate stamp of the Secretary of State

21

22 Oklahoma County Clerk and the seal of the State of Oklahoma Oklahoma
22

23 County, Ten Dollars ($10.00);
23

24

24

    Req. No. 1259                                Page 21
1   2. For copying any paper or document, One Dollar ($1.00) per

1

2 page, provided the minimum charge shall not be less than Two Dollars
2

3 ($2.00);
3

4   3. For filing an effective financing statement in the Office of

4

5 the Secretary of State Oklahoma County Clerk's office pursuant to
5

6 Section 1-9-320.6 of Title 12A of the Oklahoma Statutes, Ten Dollars
6

7 ($10.00);
7

8   4. For filing a continuation statement, partial release,

8

9 assignment of or amendment to an effective financing statement filed
9

10 in the Office of the Secretary of State Oklahoma County Clerk's
10

11 office pursuant to Section 1-9-320.6 of Title 12A of the Oklahoma
11

12 Statutes, Ten Dollars ($10.00);
12

13  5. For filing a termination statement for an effective

13

14 financing statement filed in the Office of the Secretary of State
14

15 Oklahoma County Clerk's office pursuant to Section 1-9-320.6 of
15

16 Title 12A of the Oklahoma Statutes, Ten Dollars ($10.00);
16

17  6. For registering a buyer of farm products, commission

17

18 merchant, selling agent or other interested party as provided for in
18

19 Section 1-9-320.6 of Title 12A of the Oklahoma Statutes, Fifty
19

20 Dollars ($50.00) per year. The registration fee provided for in
20

21 this paragraph shall not apply if the buyer of farm products,
21

22 commission merchant, selling agent, or other interested party as
22

23 provided for in Section 1-9-320.6 of Title 12A of the Oklahoma
23

24 Statutes accesses the master list through Internet download;
24

    Req. No. 1259                                             Page 22
1   7. For distributing a copy of the master list or portions

1

2 thereof to registrants, as provided for in Section 1-9-320.6 of
2

3 Title 12A of the Oklahoma Statutes, in accordance with the following
3

4 fee schedule. Such fees may be paid annually or semiannually:
4

5   a. For information requested for five or less counties:

5

6                  Number of Farm

6

7                             Products  Paper

7

8                  (1) 1 to 5 products ............$150 per year

8

9                  (2) 6 to 10 products ...........$200 per year

9

10                 (3) 11 to 20 products ..........$250 per year

10

11                 (4) over 20 products ...........$300 per year

11

12  b. For information requested for six to twenty-five

12

13                 counties:

13

14                 Number of Farm

14

15                            Products  Paper

15

16                 (1) 1 to 10 products ...........$200 per year

16

17                 (2) 11 to 20 products ..........$250 per year

17

18                 (3) over 20 products ...........$300 per year

18

19  c. For information requested for twenty-six to fifty

19

20                 counties:

20

21                 Number of Farm

21

22                            Products  Paper

22

23                 (1) 1 to 10 products ...........$250 per year

23

24                 (2) 11 to 20 products ..........$300 per year

24

    Req. No. 1259                              Page 23
1                  (3) over 20 products ...........$350 per year

1

2   d. For information requested for over fifty counties:

2

3                  Number of Farm

3

4                  Products                            Paper

4

5                  (1) 1 to 10 products ...........$300 per year

5

6                  (2) 11 to 20 products ..........$350 per year

6

7                  (3) over 20 products ..........$400 per year;

7

8   8. a. The Secretary of State is authorized to provide for

8

9                  the distribution of the master list or portions

9

10                 thereof to those persons specified in paragraph 7 of

10

11                 this subsection through Internet download, electronic

11

12                 data equipment, or other communication media in such

12

13                 form and manner as is specified by the Secretary of

13

14                 State. The Secretary of State shall not collect a fee

14

15                 for distribution of the master list or portions

15

16                 thereof through Internet download.

16

17  b. The Secretary of State Oklahoma County Clerk is

17

18                 authorized to establish a fee system for such transfer

18

19                 of information pursuant to this paragraph. Such fee

19

20                 shall not exceed the amount necessary to cover the

20

21                 costs of the Secretary of State Oklahoma County Clerk

21

22                 in providing such transfer of information.

22

23  c. In providing for the transfer of the information

23

24                 specified by this paragraph, the Secretary of State

24

    Req. No. 1259                                              Page 24
1                  Oklahoma County Clerk shall ensure the integrity of

1

2                  confidential information within the Office of the

2

3                  Secretary of State Oklahoma County Clerk's office

3

4                  through data security measures, internal controls and

4

5                  appropriate data base management;

5

6   9. For issuing a written confirmation of the existence or

6

7 nonexistence of active effective financing statements on file for a
7

8 debtor in the Office of the Secretary of State Oklahoma County
8

9 Clerk's office, Six Dollars ($6.00);
9

10  10. The Secretary of State shall collect a fee of Twenty-five

10

11 Dollars ($25.00) for every apostille issued. For the purposes of
11

12 this paragraph, an apostille is a special certificate attached to a
12

13 public record, as required by the 1961 Hague Convention, Fed. R.
13

14 Civ. P. 44 (28 U.S.C.A.), to certify the authenticity of the
14

15 signature, the capacity in which the person signing the document has
15

16 acted and, where appropriate, the identity of the seal or stamp
16

17 which it bears; provided, however, a fee of Ten Dollars ($10.00)
17

18 shall be collected for any apostille requested for an international
18

19 adoption not to exceed One Hundred Dollars ($100.00) for the
19

20 adoption of each child; and
20

21  11. For each service rendered and not specified in this

21

22 section, such fees as are allowed for similar services in other
22

23 cases.
23

24

24

    Req. No. 1259                                     Page 25
1   B. All fees shall be properly accounted for and shall be paid

1

2 into to the State Treasury Oklahoma County Clerk monthly. The fees
2

3 generated by paragraphs 1, 2, 10 and 11 through 5 and 9 of
3

4 subsection A of this section shall be deposited to the credit of the
4

5 Revolving Fund for the Office of the Secretary of State Oklahoma
5

6 County Clerk's Uniform Commercial Code Central Filing Fund created
6

7 pursuant to Section 276.1 of Title 62 of the Oklahoma Statutes
7

8 Section 1-9-525.1 of Title 12A of the Oklahoma Statutes. The fees
8

9 generated by paragraphs 3 6 through 9 8 and 10 of subsection A of
9

10 this section and other fees collected by the central filing system
10

11 shall be deposited to the credit of the Central Filing System
11

12 Revolving Fund Oklahoma County Clerk's Uniform Commercial Code
12

13 Central Filing Fund created pursuant to Section 276.3 of Title 62 of
13

14 the Oklahoma Statutes Section 1-9-525.1 of Title 12A of the Oklahoma
14

15 Statutes.
15

16  SECTION 9. This act shall become effective July 1, 2025.

16

17  SECTION 10. It being immediately necessary for the preservation

17

18 of the public peace, health or safety, an emergency is hereby
18

19 declared to exist, by reason whereof this act shall take effect and
19

20 be in full force from and after its passage and approval.
20

21

21

22  60-1-1259      MSBB  1/19/2025 5:47:17 AM

22

23

23

24

24

    Req. No. 1259                                             Page 26
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