Oklahoma Statutes
§ 14A-2-406 — Restriction on liability in consumer lease.
Oklahoma § 14A-2-406
JurisdictionOklahoma
Title 14AConsumer Credit Code
This text of Oklahoma § 14A-2-406 (Restriction on liability in consumer lease.) 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-2-406 (2026).
Text
The obligation of a lessee upon expiration of a consumer lease may not exceed twice the average payment allocable to a monthly period under the lease. This limitation does not apply to charges for damages to the leased property or for other default.
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Legislative History
Added by Laws 1969, c. 352, § 2-406, eff. July 1, 1969. Amended by Laws 1982, c. 335, § 27, operative June 1, 1982.
Nearby Sections
15
§ 14A-1-101
Short title.§ 14A-1-102
Purposes - Rules of construction.§ 14A-1-104
Construction against implicit repeal.§ 14A-1-105
Repealed§ 14A-1-108
Effect of act on powers of organizations.§ 14A-1-110
Use of cash discounts.§ 14A-1-111
Location of amendments.§ 14A-1-201
Territorial application.§ 14A-1-201A
Extraterritorial application.§ 14A-1-202
Exclusions.§ 14A-1-301
General definitions.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 14A-2-406, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/14A/14A-2-406.