§14A-5-202. Effect of violations on rights of parties.
(1) If a creditor has violated the provisions of this act applying to certain negotiable instruments (Section 2-403 of this title), or limitations on the schedule of payments or loan term for supervised loans (Section 3-512 of this title), the debtor is not obligated to pay the credit service charge or loan finance charge and […]
§14A-5-203. Civil liability for violation of disclosure provisions.
(1) Except as otherwise provided in this section, any creditor who fails to comply with any requirement imposed by the provisions on disclosure (Part 3), other than the provisions on advertising pursuant to Sections 2-313 of Article 2 of this title and 3-312 of Article 3 of this title, or with any requirement imposed by […]
§14A-5-204. Right to rescind certain transactions.
(1) Except as otherwise provided in this section, in the case of a consumer credit sale or consumer loan, including opening or increasing the credit limit for an open-end credit plan, with respect to which a security interest, including any such interest arising by operation of law, is or will be retained or acquired in […]
§14A-5-205. Refunds and penalties as set-off to obligation.
Refunds or penalties to which the debtor is entitled pursuant to this part may be set off against the debtor’s obligation, and may be raised as a defense to a suit on the obligation without regard to the time limitations prescribed by this part. Added by Laws 1969, c. 352, § 5-205, eff. July 1, […]
§14A-5-206. Closed-end consumer credit transaction secured by real property or dwelling consummated before September 30, 1995 – Nonliability of creditor.
(1) For any closed-end consumer credit transaction that is secured by real property or a dwelling, that is subject to Title 14A of the Oklahoma Statutes, and that is consummated before September 30, 1995, a creditor or any assignee of a creditor shall have no civil, administrative, or criminal liability under Title 14A of the […]
§14A-5-301. Willful violations.
(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 […]
§14A-5-302. Disclosure violations.
A person 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, if he willfully and knowingly (1) gives false or inaccurate information or fails to provide information which he is required to disclose […]
§14A-5-101. Short title.
This article shall be known and may be cited as Uniform Consumer Credit Code – Remedies and Penalties. Added by Laws 1969, c. 352, § 5-101, eff. July 1, 1969.
§14A-6-101. Short title.
This article shall be known and may be cited as Uniform Consumer Credit Code – Administration. Added by Laws 1969, c. 352, § 6-101, eff. July 1, 1969.
§14A-5-102. Scope.
This part applies to actions or other proceedings to enforce rights arising from consumer credit sales, consumer leases and consumer loans; and, in addition, to extortionate extensions of credit (Section 5-107). Added by Laws 1969, c. 352, § 5-102, eff. July 1, 1969.