On June 4, 2015, the governor signed Oklahoma House Bill 1773. The new law adopts the Alternative A “Only If” option for sufficiency of individual debtor names in Okla. Stat. 12A § 1-9-503(a)(4). The enacted text provides that the only sufficient source of an individual debtor name is the person’s unexpired Oklahoma driver’s license, if the debtor has such a document. If the debtor lacks an unexpired Oklahoma driver’s license, then the secured party must go to the second-tier safe harbor in § 1-9-503(a)(5) and provide either the individual name of the debtor or the surname and first personal name of the debtor.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1773&Session=1500

Oklahoma – UCC Amendments
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