Arvest Bank v. SpiritBank, N.A.

OPINION

ADAMS, Presiding Judge.

¶ 1 After the trial court entered an order granting Arvest Bank (Arvest) and Spirit-Bank, N.A. (Spirit) only part of the relief each had requested, Arvest filed an appeal and Spirit filed a counter appeal. Each argued that the other was not entitled to relief because the trial court had erred in its determination as to the priority of and existence of security interests in proceeds from automobiles when applying the provisions of the Uniform Commercial Code (UCC) adopted in Oklahoma. We agree that the trial court erred in failing to apply the law for the priority…