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§ 4-102. Scope--Applicability to parties

Oklahoma Statutes AnnotatedTitle 14A. Consumer Credit Code

Oklahoma Statutes Annotated
Title 14a. Consumer Credit Code (Refs & Annos)
Article 4. Insurance
Part 1. Insurance in General
14A Okl.St.Ann. § 4-102
§ 4-102. Scope--Applicability to parties
Currentness
(1) Except as provided in subsection (2), this article applies to insurance provided or to be provided in relation to a consumer credit sale (Section 2-104), a consumer lease (Section 2-106), or a consumer loan (Section 3-104).
(2) The provision on cancellation by a creditor (Section 4-304) applies to loans the primary purpose of which is the financing of insurance. No other provision of this article applies to insurance so financed.
(3) Joint life insurance coverage and joint accident and health insurance coverage for debtors with their comakers, endorsers and guarantors shall be permissible under this article; provided, not more than two persons shall be so insured in connection with the same indebtedness.

Credits

Laws 1969, c. 352, § 4-102, eff. July 1, 1969; Laws 1995, c. 104, § 1, eff. Nov. 1, 1995.
14A Okl. St. Ann. § 4-102, OK ST T. 14A § 4-102
Current with emergency effective legislation through Chapter 449 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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