Okla. Stat. tit. 14A § 2-414

Current through Laws 2024, c. 378.
Section 2-414 - Limitation on default charges

Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit sale may not provide for any charges as a result of default by the buyer other than those authorized by this act. A provision in violation of this section is unenforceable.

Okla. Stat. tit. 14A, § 2-414

Added by Laws 1969, HB 1001, c. 352, § 2-414, emerg. eff. 7/1/1969.