Oklahoma Statutes

§ 14A-1-201A — Extraterritorial application.

Oklahoma·Title 14A Consumer Credit Code
With respect to a consumer credit sale or consumer loan to which this Code does not otherwise apply by reason of Section 1-201, if, pursuant to a solicitation relating to a consumer credit sale or loan received in this state, a person who is a resident of this state sends a signed writing evidencing the obligation or offer of the person to a creditor in another state, and the person receives the goods or services purchased or the cash proceeds of the loan in this state: 1. The creditor may not contract for or receive charges exceeding those permitted by this Code, and such charges as do exceed those permitted are excess charges for purposes of Sections 5-202 (3) and (4) and 6-113 of the Code and such sections shall apply as though the consumer credit sale or consumer loan were made in this

Free access — add to your briefcase to read the full text and ask questions with AI

Oklahoma § 14A-1-201A (Extraterritorial application.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Laws 1975, c. 129, § 1, emerg. eff. May 13, 1975.

Nearby Sections

15
View on official source ↗