Okla. Stat. tit. 14A, § 14A-4-103
This is the official text of Okla. Stat. tit. 14A, § 14A-4-103, 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: "Consumer credit insurance"
Official statutory text
As used in the Uniform Consumer Credit Code, "consumer credit
insurance" means insurance, other than insurance on property as
provided for in Section 4-301 of this title, by which the
satisfaction of debt in whole or in part is a benefit provided, but
does not include:
Oklahoma Statutes - Title 14A. Consumer Credit Code Page 179
(a) insurance provided in relation to a credit transaction
in which a payment is scheduled more than fifteen (15)
years after the extension of credit; or
(b) insurance issued as an isolated transaction of the
insurer not related to an agreement or plan for
insuring debtors of the creditor; or
(c) insurance indemnifying the creditor against loss due
to the debtor's default.
insurance" means insurance, other than insurance on property as
provided for in Section 4-301 of this title, by which the
satisfaction of debt in whole or in part is a benefit provided, but
does not include:
Oklahoma Statutes - Title 14A. Consumer Credit Code Page 179
(a) insurance provided in relation to a credit transaction
in which a payment is scheduled more than fifteen (15)
years after the extension of credit; or
(b) insurance issued as an isolated transaction of the
insurer not related to an agreement or plan for
insuring debtors of the creditor; or
(c) insurance indemnifying the creditor against loss due
to the debtor's default.
Status: in_force · Read it on the official government site
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