Okla. Stat. tit. 14A § 2-406

Current through Laws 2024, c. 453.

Section 2-406 - Restriction on liability in consumer lease

The obligation of a lessee upon expiration of a consumer lease may not exceed twice the average payment allocable to a monthly period under the lease. This limitation does not apply to charges for damages to the leased property or for other default.

Okla. Stat. tit. 14A, § 2-406

Added by Laws 1969, HB 1001, c. 352, § 2-406, emerg. eff. 7/1/1969; Amended by Laws 1982, SB 643, c. 335, § 27, emerg. eff. 6/1/1982.