§ 5-108. Unconscionability
Oklahoma Statutes AnnotatedTitle 14A. Consumer Credit Code
14A Okl.St.Ann. § 5-108
§ 5-108. Unconscionability
(1) With respect to a consumer credit sale, consumer lease, or consumer loan, if the court as a matter of law finds the agreement or any clause of the agreement to have been unconscionable at the time it was made the court may refuse to enforce the agreement, or it may enforce the remainder of the agreement without the unconscionable clause, or it may so limit the application of any unconscionable clause as to avoid any unconscionable result.
(3) For the purposes of this section, a charge or practice expressly permitted by this act1 is not in itself unconscionable.
Credits
Laws 1969, c. 352, § 5-108, eff. July 1, 1969.
Footnotes
Title 14A, § 1-101 et seq.
14A Okl. St. Ann. § 5-108, OK ST T. 14A § 5-108
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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