Oklahoma Statutes
§ 24-16 — Debt pooling - Definition.
Oklahoma·Title 24 Debtor And Creditor
Debt pooling is defined as making a contract with a particular debtor whereby the debtor agrees to pay a sum or sums of money periodically to the person engaged in the debt pooling who shall distribute the same among certain specified creditors in accordance with a plan agreed upon and the debtor further agrees to pay such person any valuable consideration for such services or for any other services rendered in connection therewith.
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Oklahoma § 24-16 (Debt pooling - Definition.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1957, p. 161, § 2.
Nearby Sections
15
§ 24-1
Debtor defined.§ 24-11
Preferences permitted.§ 24-111
Repealed§ 24-112
Short title.§ 24-113
Definitions.§ 24-115
Value defined.§ 24-119
Creditor's remedies.§ 24-12
Fraudulent debts - When due.§ 24-121
Limitation of actions.