Okla. Stat. tit. 11, § 11-22-107.2
This is the official text of Okla. Stat. tit. 11, § 11-22-107.2, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Sellers of video services
Official statutory text
A. Unless otherwise specifically prohibited by law, a seller of
video services may assess a late fee on delinquent accounts having
an unpaid balance of Twelve Dollars ($12.00) or more.
B. The seller of video services shall conspicuously disclose,
in the contract for service and on each statement or invoice, the
terms on which a late fee may be assessed by the seller including
the amount of the fee.
C. No late fee shall be assessed which exceeds Six Dollars
($6.00) or five percent (5%) of the unpaid amount, whichever is
greater.
D. Prior to collecting a late fee, the seller shall give notice
to the customer by first class mail to the customer's last known
billing address as shown on the records of the seller of the amount
of the delinquency at least ten (10) days prior to the date the fee
will be imposed. The notice shall conspicuously state the place and
address for making payment, the date on which the late fee will be
imposed, and the amount of the late fee.
video services may assess a late fee on delinquent accounts having
an unpaid balance of Twelve Dollars ($12.00) or more.
B. The seller of video services shall conspicuously disclose,
in the contract for service and on each statement or invoice, the
terms on which a late fee may be assessed by the seller including
the amount of the fee.
C. No late fee shall be assessed which exceeds Six Dollars
($6.00) or five percent (5%) of the unpaid amount, whichever is
greater.
D. Prior to collecting a late fee, the seller shall give notice
to the customer by first class mail to the customer's last known
billing address as shown on the records of the seller of the amount
of the delinquency at least ten (10) days prior to the date the fee
will be imposed. The notice shall conspicuously state the place and
address for making payment, the date on which the late fee will be
imposed, and the amount of the late fee.
Status: in_force · Read it on the official government site
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