Oklahoma HB 2135: Uniform Commercial Code; clarifying language; effective date.

Bill Text

Req. No. 5768 Page 1
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STATE OF OKLAHOMA

1st Session of the 56th Legislature (2017)

HOUSE BILL 2135 By: McCall

AS INTRODUCED

An Act relating to the Uniform Commercial Code;
amending 12A O.S. 2011, Section 1-102, which relates
to Article 1 of the Uniform Commercial Code;
clarifying language; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 12A O.S. 2011, Section 1-102, is
amended to read as follows:
Section 1-102. Scope of Article.
This article Article 1 of the Uniform Commercial Code applies to
a transaction to the extent that it is governed by another article
of the Uniform Commercial Code.
SECTION 2. This act shall become effective November 1, 2017.

56-1-5768 SD 01/12/17