Oklahoma Statutes

§ 14A-3-406 — Notice of assignment.

Oklahoma·Title 14A Consumer Credit Code
The debtor is authorized to pay the original lender until he receives notification of assignment of rights to payment pursuant to a consumer loan and that payment is to be made to the assignee. A notification which does not reasonably identify the rights assigned is ineffective. If requested by the debtor, the assignee must seasonably furnish reasonable proof that the assignment has been made and unless he does so the debtor may pay the original lender.

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Oklahoma § 14A-3-406 (Notice of assignment.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Laws 1969, c. 352, § 3-406, eff. July 1, 1969.

Nearby Sections

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