Oklahoma Statutes

§ 14A-3-515 — Restrictions on interest in motor vehicles as security.

Oklahoma·Title 14A Consumer Credit Code
Restrictions on interest in motor vehicles as security. With respect to a supervised loan made under the provisions of Section 3-508B of this title in which the principal is Three Hundred Dollars ($300.00) or less, a lender may not contract for an interest in motor vehicles as security. A security interest taken in violation of this section is void.

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Oklahoma § 14A-3-515 (Restrictions on interest in motor vehicles as security.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Laws 1997, c. 288, § 6.

Nearby Sections

15
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