Legal Opinion

Opinion No. (2011)

Oklahoma Attorney General Reports

Decided April 6, 2011Published

1Opinion of the Court

Dear Bank Commissioner Mick Thompson,

¶ 0 This office has received your request for an official Attorney General Opinion in which you ask, in effect, the following question:

Does a personal property tax lien arising under 68 O.S. 2001 Supp. 2010, §§ 3102 and 3103, which isseven (7) years old or less, 1 have priority over a priorperfected security interest in personal property created pursuant toArticle 9 of the Oklahoma Uniform Commercial Code?

¶ 1 A "security interest" is a consensual lien and is defined in the Oklahoma Uniform Commercial Code ("UCC"), 12A O.S. 2001 Supp. 2010, §§ 1-101 through…

2Cases cited7 opinions

  1. Broadway Clinic v. Liberty Mutual Insurance Co.Supreme Court of Oklahoma · 2006
  2. City of Durant v. CicioSupreme Court of Oklahoma · 2002
  3. Humphries v. LewisSupreme Court of Oklahoma · 2003
  4. First Nat. Bank v. YoungSupreme Court of Oklahoma · 1932
  5. Southwestern Commercial Capital, Inc. v. Cornett Packing Co.Supreme Court of Oklahoma · 2000

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