2018 Oklahoma Statutes
Title 14A. Consumer Credit Code
§14A-3-405. Limitation on default charges.
Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer loan may not provide for charges as a result of default by the debtor other than those authorized by this act. A provision in violation of this section is unenforceable.
Added by Laws 1969, c. 352, § 3-405, eff. July 1, 1969.