Okla. Stat. tit. 14A, § 14A-2-111
This is the official text of Okla. Stat. tit. 14A, § 14A-2-111, part of Oklahoma’s Stat. tit. 14A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 14A,." Browse the sections below, each linked to its official government source.
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Definition: "Amount financed"
Official statutory text
"Amount financed" means the total of the following items to the
extent that payment is deferred:
(1) the cash price of the goods, services, or interest in land,
less the amount of any down payment whether made in cash or in
property traded in;
(2) the amount actually paid or to be paid by the seller
pursuant to an agreement with the buyer to discharge a security
interest in or a lien on property traded in; and
(3) if not included in the cash price
(a) any applicable sales, use, or excise and documentary
stamp taxes;
(b) amounts actually paid or to be paid by the seller for
registration, certificate of title, or license fees;
and
(c) additional charges permitted by this article (Section
2-202).
extent that payment is deferred:
(1) the cash price of the goods, services, or interest in land,
less the amount of any down payment whether made in cash or in
property traded in;
(2) the amount actually paid or to be paid by the seller
pursuant to an agreement with the buyer to discharge a security
interest in or a lien on property traded in; and
(3) if not included in the cash price
(a) any applicable sales, use, or excise and documentary
stamp taxes;
(b) amounts actually paid or to be paid by the seller for
registration, certificate of title, or license fees;
and
(c) additional charges permitted by this article (Section
2-202).
Status: in_force · Read it on the official government site
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