Okla. Stat. tit. 14A, § 14A-3-806
This is the official text of Okla. Stat. tit. 14A, § 14A-3-806, 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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Right of rescission
Official statutory text
RIGHT OF RESCISSION.
Oklahoma Statutes - Title 14A. Consumer Credit Code Page 173
A consumer litigation funding agreement shall contain inside a
text box, in bold type, a right of rescission permitting the
consumer to cancel the agreement without penalty or further
obligation if, not later than the fifth business day after the
funding date, the consumer:
1. Returns to the consumer litigation funder the full amount of
the disbursed funds by personally delivering the funder's uncashed
check to the funder's office; or
2. Sends by insured, certified, or registered United States
mail to the address specified in the agreement a notice of
cancellation and the full amount of disbursed funds in the form of
the funder's uncashed check or a registered or certified check or
money order.
Oklahoma Statutes - Title 14A. Consumer Credit Code Page 173
A consumer litigation funding agreement shall contain inside a
text box, in bold type, a right of rescission permitting the
consumer to cancel the agreement without penalty or further
obligation if, not later than the fifth business day after the
funding date, the consumer:
1. Returns to the consumer litigation funder the full amount of
the disbursed funds by personally delivering the funder's uncashed
check to the funder's office; or
2. Sends by insured, certified, or registered United States
mail to the address specified in the agreement a notice of
cancellation and the full amount of disbursed funds in the form of
the funder's uncashed check or a registered or certified check or
money order.
Status: in_force · Read it on the official government site
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