Okla. Stat. tit. 14A, § 14A-3-509: Use of multiple agreements or split loans

A lender may not, whether acting independently or in concert

with one or more other lenders, use multiple agreements or split a

loan (including any refinancing thereof) into multiple loans with

intent to obtain a higher rate or amount of loan finance charge

under Section 3-508A or 3-508B, whichever is appropriate, than would

otherwise be permitted by this article or to avoid disclosure of an

annual percentage rate pursuant to the provisions on disclosure and

advertising (Part 3). The excess amount of loan finance charge

provided for in agreements or split loans in violation of this

section are excess charges for the purposes of the provisions on

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

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