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§ 136. Information statement--Contents

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. § 136
§ 136. Information statement--Contents
Currentness
The information statement required pursuant to Section 5 of this act1 shall include all of the following:
1. a. a complete and accurate statement of the buyer's right to review any file on the buyer maintained by any consumer reporting agency, as provided under the Federal Fair Credit Reporting Act, 15 U.S.C., Sections 1681 through 1681t,
b. a statement that the buyer may review his or her consumer reporting agency file at no charge if a request is made to the consumer credit reporting agency within thirty (30) days after receiving notice that credit has been denied, and
c. the approximate price the buyer will be charged by the consumer reporting agency to review his or her consumer reporting agency file;
2. A complete and accurate statement of the buyer's right to dispute the completeness or accuracy of any item contained in any file on the buyer maintained by any consumer reporting agency;
3. A complete and detailed description of the services to be performed by the credit services organization for the buyer and the total amount the buyer will have to pay, or become obligated to pay, for the services;
4. A statement asserting the buyer's right to proceed against the bond or trust account required under Section 3 of this act;2 and
5. The name and address of the surety company that issued the bond, or the name and address of the depository and the trustee and the account number of the trust account.

Credits

Laws 1987, c. 35, § 6, emerg. eff. April 20, 1987.

Footnotes

1
Title 24, § 135.
2
Title 24, § 133.
24 Okl. St. Ann. § 136, OK ST T. 24 § 136
Current with legislation of the Second Regular Session of the 59th Legislature (2024) effective as of July 1, 2024. Some sections may be more current, see credits for details.
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