Okla. Stat. tit. 14A, § 14A-5-301

This is the official text of Okla. Stat. tit. 14A, § 14A-5-301, 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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Willful violations

Official statutory text

(1) A supervised lender who willfully makes charges in excess

of those permitted by the provisions of the article on loans

(Article 3) applying to supervised loans (Part 5) is guilty of a

misdemeanor and upon conviction may be sentenced to pay a fine not

exceeding Five Hundred Dollars ($500.00), or to imprisonment not

exceeding one (1) year, or both.

(2) A person, other than a supervised financial organization,

who willfully engages in the business of making supervised loans

without a license in violation of the provisions of this act

applying to authority to make supervised loans (Section 3-502) is

guilty of a misdemeanor and upon conviction may be sentenced to pay

a fine not exceeding Five Thousand Dollars ($5,000.00), or to

imprisonment not exceeding one (1) year, or both.

(3) A person who willfully engages in the business of making

consumer credit sale, consumer leases, or consumer loans, or of

taking assignments of rights against debtors arising therefrom and

undertakes direct collection of payments or enforcement of these

rights, without complying with the provisions of this act concerning

notification (Section 6-202) or payment of fees (Section 6-203), is

guilty of a misdemeanor and upon conviction may be sentenced to pay

a fine not exceeding Five Hundred Dollars ($500.000).

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.