§24-155. Exceptions.
The provisions of this act do not apply to the use of a consumer credit report by any of the following: 1. A person or entity, or a subsidiary, affiliate, or agent of that person or entity, or an assignee of a financial obligation owed by the consumer to that person or entity, or a […]
§24-156. Fees – Written notice of changes.
A. This act does not prevent a consumer reporting agency from charging a fee of no more than Ten Dollars ($10.00) to a consumer for each freeze, removal of the freeze, or temporary lifting of the freeze for a period of time, regarding access to a consumer credit report. B. A consumer reporting agency shall […]
§24-157. Entities not required to place security freeze.
The following entities are not required to place a security freeze on a consumer report: 1. A consumer reporting agency that acts only as a reseller of credit information by assembling and merging information contained in the database of another consumer reporting agency or multiple consumer reporting agencies, and does not maintain a permanent database […]
§24-158. Notice of rights.
At any time a consumer is required to receive a summary of rights required under Section 1681g of Title 15 of the United States Code, the following notice shall be included: “Oklahoma Consumers Have the Right to Obtain a Security Freeze. You have a right to place a “security freeze” on your credit report, which […]
§24-143. Fees – Administrator’s investigation – Issuance or denial of license.
A. Upon the filing of an application and bond, payment of an annual license fee and an investigation fee, the Administrator of Consumer Credit shall conduct an investigation. If the Administrator finds that the financial responsibility, experience, character and general fitness of the applicant are such as to warrant belief that the business will be […]
§24-159. Failure to comply – Use of false pretenses – Penalties.
A. Any person who willfully fails to comply with any requirement imposed under the provisions of this act with respect to any consumer is liable to that consumer in an amount equal to the sum of: 1. Any actual damages sustained by the consumer; and 2. In the case of any successful action to enforce […]
§24-144. Licenses – Contents – Display – Number – Term – Annual fee.
A. Each license shall state the name of the license and the address of which the business is to be conducted. The license shall be displayed at the place of business named in the license. The license shall not be transferable or assignable except upon approval by the Administrator of Consumer Credit. B. A separate […]
§24-161. Short title.
This act shall be known and may be cited as the “Security Breach Notification Act”. Added by Laws 2008, c. 86, § 1, eff. Nov. 1, 2008.
§24-145. Administrative hearing – Suspension, revocation or surrender of license.
A. The Administrator shall appoint an independent hearing examiner to conduct all administrative hearings involving alleged violations of the Credit Services Organization Act. The independent hearing examiner shall have authority to exercise all powers granted by Article II of the Administrative Procedures Act in conducting hearings. The independent hearing examiner shall have authority to recommend […]
§24-162. Definitions.
As used in the Security Breach Notification Act: 1. “Breach of the security of a system” means the unauthorized access and acquisition of unencrypted and unredacted computerized data that compromises the security or confidentiality of personal information maintained by an individual or entity as part of a database of personal information regarding multiple individuals and […]