§ 155. Exceptions
Oklahoma Statutes AnnotatedTitle 24. Debtor and Creditor
24 Okl.St.Ann. § 155
§ 155. Exceptions
The provisions of this act1 do not apply to the use of a consumer credit report by any of the following:
1. A person or entity, or a subsidiary, affiliate, or agent of that person or entity, or an assignee of a financial obligation owed by the consumer to that person or entity, or a prospective assignee of a financial obligation owed by the consumer to that person or entity in conjunction with the proposed purchase of the financial obligation, with which the consumer has or had prior to assignment an account or contract including a demand deposit account, or to whom the consumer issued a negotiable instrument, for the purposes of reviewing the account or collecting the financial obligation owed for the account, contract, or negotiable instrument. For purposes of this paragraph, “reviewing the account” includes activities related to account maintenance, monitoring, credit line increases, and account upgrades and enhancements;
5. The state or its agents or assigns acting to investigate fraud or acting to investigate or collect delinquent taxes or unpaid court orders or to fulfill any of its other statutory responsibilities, provided such responsibilities are consistent with a permissible purpose under Section 1681b of Title 15 of the United States Code;
6. The use of credit information for the purposes of prescreening as provided for by the federal Fair Credit Reporting Act;3
Laws 2006, c. 283, § 7, eff. Jan. 1, 2007.
24 Okl. St. Ann. § 155, OK ST T. 24 § 155
Current with legislation of the First Regular Session of the 59th Legislature (2023) and the First Extraordinary Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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