Okla. Stat. tit. 24, § 24-16
This is the official text of Okla. Stat. tit. 24, § 24-16, part of Oklahoma’s Stat. tit. 24, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 24,." Browse the sections below, each linked to its official government source.
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Debt pooling - Definition
Official statutory text
Debt pooling is defined as making a contract with a particular
debtor whereby the debtor agrees to pay a sum or sums of money
periodically to the person engaged in the debt pooling who shall
distribute the same among certain specified creditors in accordance
with a plan agreed upon and the debtor further agrees to pay such
person any valuable consideration for such services or for any other
services rendered in connection therewith.
debtor whereby the debtor agrees to pay a sum or sums of money
periodically to the person engaged in the debt pooling who shall
distribute the same among certain specified creditors in accordance
with a plan agreed upon and the debtor further agrees to pay such
person any valuable consideration for such services or for any other
services rendered in connection therewith.
Status: in_force · Read it on the official government site
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