Okla. Stat. tit. 14A § 3-404

Current through Laws 2024, c. 363.
Section 3-404 - Attorney's fees

Except as provided by the provisions on limitations on attorney's fees as to certain supervised loans (Section 3-514), with respect to a consumer loan the agreement may provide for the payment by the debtor of reasonable attorney's fees not in excess of fifteen percent (15%) of the unpaid debt after default and referral to an attorney not a salaried employee of the lender. A provision in violation of this section is unenforceable.

Okla. Stat. tit. 14A, § 3-404

Added by Laws 1969, HB 1001, c. 352, § 3-404, emerg. eff. 7/1/1969; Amended by Laws 1970, SB 537, c. 282, § 9.