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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 14A, § 14A-2-403: Certain negotiable instruments prohibited

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Where this section sits in the code
  1. OK Code
  2. Title 14A

In a consumer credit sale or consumer lease, the seller or

lessor may not take a negotiable instrument other than a check as

evidence of the obligation of the buyer or lessee. A holder is not

in good faith if he takes a negotiable instrument with notice that

it is issued in violation of this section. A holder in due course

is not subject to the liabilities set forth in the provisions on the

effect of violations on rights of parties (Section 5-202) and the

provisions on civil actions by Administrator (Section 6-113).

Collected 2026-09-14T18:32:36Z. Source file · JSON

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