Okla. Stat. tit. 15, § 15-140.3
This is the official text of Okla. Stat. tit. 15, § 15-140.3, part of Oklahoma’s Stat. tit. 15, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 15,." Browse the sections below, each linked to its official government source.
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Motor vehicle financial protection products
Official statutory text
A. Motor vehicle financial protection products may be offered,
sold, or given to consumers in this state in compliance with this
act.
B. Notwithstanding any other provision of law, any amount
charged or financed for a motor vehicle financial protection product
is an authorized charge that must be separately stated and not be
considered a financial charge or interest.
C. Neither the extension of credit, the terms of credit, nor
the terms of the related motor vehicle sale or lease shall be
conditioned upon the consumer's payment for or financing of any
charge for a motor vehicle financial protection product. However,
motor vehicle financial protection products may be discounted or
given at no charge in connection with the purchase of other non-
credit related goods or services.
sold, or given to consumers in this state in compliance with this
act.
B. Notwithstanding any other provision of law, any amount
charged or financed for a motor vehicle financial protection product
is an authorized charge that must be separately stated and not be
considered a financial charge or interest.
C. Neither the extension of credit, the terms of credit, nor
the terms of the related motor vehicle sale or lease shall be
conditioned upon the consumer's payment for or financing of any
charge for a motor vehicle financial protection product. However,
motor vehicle financial protection products may be discounted or
given at no charge in connection with the purchase of other non-
credit related goods or services.
Status: in_force · Read it on the official government site
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