Oklahoma § 14A-2-111 Definition: "Amount financed".

Oklahoma Statutes

§ 14A-2-111 — Definition: "Amount financed".

Oklahoma § 14A-2-111

Title 14AConsumer Credit Code

This text of Oklahoma § 14A-2-111 (Definition: "Amount financed".) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 14A, § 14A-2-111 (2026).

Text

"Amount financed" means the total of the following items to the extent that payment is deferred:

(1)the cash price of the goods, services, or interest in land, less the amount of any down payment whether made in cash or in property traded in;

(2)the amount actually paid or to be paid by the seller pursuant to an agreement with the buyer to discharge a security interest in or a lien on property traded in; and (3) if not included in the cash price (a) any applicable sales, use, or excise and documentary stamp taxes;

(b)amounts actually paid or to be paid by the seller for registration, certificate of title, or license fees; and (c) additional charges permitted by this article (Section 2-202).

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"Amount financed" means the total of the following items to the extent that payment is deferred: (1) the cash price of the goods, services, or interest in land, less the amount of any down payment whether made in cash or in property traded in; (2) the amount actually paid or to be paid by the seller pursuant to an agreement with the buyer to discharge a security interest in or a lien on property traded in; and (3) if not included in the cash price (a) any applicable sales, use, or excise and documentary stamp taxes; (b) amounts actually paid or to be paid by the seller for registration, certificate of title, or license fees; and (c) additional charges permitted by this article (Section 2-202).