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§ 3110. Limit on number of loans--Payment in full required

Oklahoma Statutes AnnotatedTitle 59. Professions and Occupations

Oklahoma Statutes Annotated
Title 59. Professions and Occupations (Refs & Annos)
Chapter 57. Deferred Deposit Lending Act
59 Okl.St.Ann. § 3110
§ 3110. Limit on number of loans--Payment in full required
After the debtor has entered into a fifth consecutive deferred deposit loan, a lender shall not make a deferred deposit loan to a debtor until 8:00 a.m. on the second business day after the fifth consecutive deferred deposit loan has been paid in full.

Credits

Laws 2003, c. 240, § 10, eff. Sept. 1, 2003; Laws 2004, c. 557, § 7, emerg. eff. June 10, 2004.
59 Okl. St. Ann. § 3110, OK ST T. 59 § 3110
Current with emergency effective legislation through Chapter 182 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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