Uniform Commercial Code; Article 8; priority among security interests and entitlement holders; effective date.
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HB 3549 — Uniform Commercial Code; Article 8; priority among security interests and entitlement holders; effective date.
Last action — Coauthored by Representative(s) CrosswhiteHader
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill is in committee in the House. Introduced February 02, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the House.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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2 sponsors
2 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (2 R).
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Cleared a recorded vote
Passed 1 recorded vote so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
- Introduced View text Current pdf
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill modifies existing law regarding the property interests of entitlement holders by removing certain creditor priorities over financial assets held by securities intermediaries and clearing corporations.
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12A O.S. 2021, Section 8-511
a creditor of a securities intermediary who has a security interest in a financial asset held by a securities intermediary has priority over claims of the securities intermediary's entitlement holders who have security entitlements with respect to that financial asset if the creditor has control over the financial asset.This change eliminates the priority of a creditor's claim over entitlement holders' security interests when the creditor has control over the financial asset.
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12A O.S. 2021, Section 8-511
the claim of the creditor has priority over the claims of entitlement holders.This change removes the priority of a creditor's claim over entitlement holders' claims when the clearing corporation does not have sufficient financial assets.
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12A O.S. 2021, Section 8-503
all interests in that financial asset held by the securities intermediary are held by the securities intermediary for the entitlement holders, are not property of the securities intermediary, and are not subject to claims of creditors of the securities intermediary, except as otherwise provided in Section 8-511 of this title.
This addition clarifies that interests in financial assets held by the securities intermediary are not property of the intermediary and are protected from claims by its creditors.
Action History
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Coauthored by Representative(s) CrosswhiteHader
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Policy recommendation to the Judiciary and Public Safety Oversight committee; Do Pass Civil Judiciary
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Referred to Civil Judiciary
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Second Reading referred to Judiciary and Public Safety Oversight
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Authored by Representative Maynard
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First Reading
Sponsors
- Cody Maynard · Primary
- Julie McIntosh · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 149 not signed on · 1 voted No
Sponsors (2)
- Cody Maynard Republican
- Julie McIntosh Republican
Co-sponsors (0)
None.
Not signed on (149)
149 members have not signed on to this bill.
Show all 149 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 6 | 0 | 0 | 0 |
| Democrat | 0 | 1 | 0 | 0 |
| Total | 6 | 1 | 0 | 0 |
| % of votes cast | 86% | 14% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Jared Deck | Democrat | Nay |
| Bob Ed Culver | Republican | Yea |
| Chris Sneed | Republican | Yea |
| Collin Duel | Republican | Yea |
| Mike Osburn | Republican | Yea |
| Preston Stinson | Republican | Yea |
| Tammy West | Republican | Yea |
Subjects
Frequently asked questions
- Who sponsors HB 3549?
- HB 3549 is sponsored by Cody Maynard (Republican) and Julie McIntosh (Republican).
- What is the current status of HB 3549?
- This bill is in committee in the House. Introduced February 02, 2026. It must pass committee before a floor vote.
- Where can I track HB 3549?
- Track HB 3549 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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