Oklahoma Statutes

§ 14A-4-302 — Insurance on creditor's interest only.

Oklahoma § 14A-4-302
JurisdictionOklahoma
Title 14AConsumer Credit Code

This text of Oklahoma § 14A-4-302 (Insurance on creditor's interest only.) 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-4-302 (2026).

Text

If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of loss or damage not willfully caused by the debtor is on the debtor only to the extent of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.

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Legislative History

Laws 1969, c. 352, § 4-302.

Nearby Sections

15
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Bluebook (online)
Oklahoma § 14A-4-302, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/14A/14A-4-302.