Home Table of Contents

§ 134. Exemption from bond and trust account provisions--Responsibility for employees or agents

Oklahoma Statutes AnnotatedTitle 24. Debtor and Creditor

Oklahoma Statutes Annotated
Title 24. Debtor and Creditor (Refs & Annos)
Chapter 8. Credit Services Organization Act
24 Okl.St.Ann. § 134
§ 134. Exemption from bond and trust account provisions--Responsibility for employees or agents
Currentness
If a credit services organization is in compliance with paragraph 1 of Section 3 of this act,1 the salesperson, agent, or representative who sells the services of that organization is not required to obtain a surety bond and establish a trust account. Provided, however, said organization or entity shall be responsible for the acts of their employees or agents performed within the scope of their employment.

Credits

Laws 1987, c. 35, § 4, emerg. eff. April 20, 1987.

Footnotes

1
Title 24, § 133.
24 Okl. St. Ann. § 134, OK ST T. 24 § 134
Current with emergency effective legislation through Chapter 317 of the First Regular Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
End of Document