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§ 5-302. Disclosure violations

Oklahoma Statutes AnnotatedTitle 14A. Consumer Credit Code

Oklahoma Statutes Annotated
Title 14a. Consumer Credit Code (Refs & Annos)
Article 5. Remedies and Penalties (Refs & Annos)
Part 3. Criminal Penalties
14A Okl.St.Ann. § 5-302
§ 5-302. Disclosure violations
Currentness
A person is guilty of a misdemeanor and upon conviction may be sentenced to pay a fine not exceeding Five Thousand Dollars ($5,000.00), or to imprisonment not exceeding one (1) year, or both, if he willfully and knowingly
(1) gives false or inaccurate information or fails to provide information which he is required to disclose under the provisions of this act on disclosure and advertising (Part 3) of the article on credit sales (Article 2)1 or of the article on loans (Article 3),2 or of any related rule of the Administrator adopted pursuant to this act;3
(2) uses any rate table or chart, the use of which is authorized by rule of the Administrator adopted pursuant to the provisions on calculation of rate to be disclosed (Section 2-304 and Section 3-304), in a manner which consistently understates the annual percentage rate determined according to those provisions; or
(3) otherwise fails to comply with any requirement of the provisions of this act on disclosure and advertising (Part 3) of the article on credit sales (Article 2) or of the article on loans (Article 3), or of any related rule of the Administrator adopted pursuant to this act.

Credits

Laws 1969, c. 352, § 5-302, eff. July 1, 1969.

Footnotes

1
Title 14A, § 2-301 et seq.
2
Title 14A, § 3-101 et seq.
3
Title 14A, § 1-101 et seq.
14A Okl. St. Ann. § 5-302, OK ST T. 14A § 5-302
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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