Oklahoma Statutes

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

Oklahoma·Title 14A Consumer Credit Code
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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Oklahoma § 14A-4-302 (Insurance on creditor's interest only.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1969, c. 352, § 4-302.

Nearby Sections

15
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