Okla. Stat. tit. 14A, § 14A-3-405
This is the official text of Okla. Stat. tit. 14A, § 14A-3-405, 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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Limitation on default charges
Official statutory text
Except for reasonable expenses incurred in realizing on a
security interest, the agreement with respect to a consumer loan may
not provide for charges as a result of default by the debtor other
than those authorized by this act. A provision in violation of this
section is unenforceable.
security interest, the agreement with respect to a consumer loan may
not provide for charges as a result of default by the debtor other
than those authorized by this act. A provision in violation of this
section is unenforceable.
Status: in_force · Read it on the official government site
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