Oklahoma Statutes

§ 14A-3-703 — Prohibition on gifts – Revenue sharing.

Oklahoma·Title 14A Consumer Credit Code

A private educational lender may not, directly or indirectly:

(a)offer or provide any gift to a covered educational institution in exchange for any advantage or consideration provided to such private educational lender related to its private educational loan activities; or (b) engage in revenue sharing with a covered educational institution.

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Legislative History

Added by Laws 2013, c. 99, § 9, eff. July 1, 2013.

Nearby Sections

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