Okla. Stat. tit. 59 § 3110

Current through Laws 2024, c. 453.

Section 3110 - Limit on number of loans - Payment in full required

After the debtor has entered into a fifth consecutive deferred deposit loan, a lender shall not make a deferred deposit loan to a debtor until 8:00 a.m. on the second business day after the fifth consecutive deferred deposit loan has been paid in full.

Okla. Stat. tit. 59, § 3110

Added by Laws 2003 , SB 583, c. 240, §10, eff. 9/1/2003; Amended by Laws 2004 , SB 1565, c. 557, §7, emerg. eff. 6/10/2004.