2016 Oklahoma Statutes
Title 14A. Consumer Credit Code
§14A-3-703. Prohibition on gifts – Revenue sharing.

14A OK Stat § 14A-3-703 (2016) What's This?

A private educational lender may not, directly or indirectly:

(a)offer or provide any gift to a covered educational institution in exchange for any advantage or consideration provided to such private educational lender related to its private educational loan activities; or

(b)engage in revenue sharing with a covered educational institution.

Added by Laws 2013, c. 99, § 9, eff. July 1, 2013.

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