Oklahoma Statutes
§ 14A-3-108 — Definition: "Revolving loan account".
Oklahoma § 14A-3-108
JurisdictionOklahoma
Title 14AConsumer Credit Code
This text of Oklahoma § 14A-3-108 (Definition: "Revolving loan account".) 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-3-108 (2026).
Text
"Revolving loan account" means an open-end credit plan between a lender and a debtor under (1) which the lender reasonably contemplates repeated transactions, which prescribes the terms of such transactions, and pursuant to which the lender will permit the debtor to obtain loans from time to time; and (2) which provides for a loan finance charge which is not precomputed but is computed on the outstanding unpaid balances of the debtor's account from time to time.
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Legislative History
Added by Laws 1969, c. 352, § 3-108, eff. July 1, 1969. Amended by Laws 1982, c. 335, § 34, 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Repealed§ 14A-1-108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-3-108, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/14A/14A-3-108.