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

Okla. Stat. tit. 14A, § 14A-3-815: Violation of act

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

VIOLATION OF ACT.

A. If a court finds that a consumer litigation funder has not

been properly licensed pursuant to the Uniform Consumer Credit Code

or has intentionally violated Sections 3-801 through 3-817 of the

Uniform Consumer Credit Code with respect to a litigation funding

transaction, the funder is entitled to recover the funded amount

provided to the consumer and may not receive any additional charges.

B. In addition to any other applicable investigative and

enforcement provisions of the Uniform Consumer Credit Code, the

Administrator may, after notice and hearing, impose an

administrative fine not to exceed Five Thousand Dollars ($5,000.00)

against a consumer litigation funder who knowingly and willfully

violates or causes a violation of Sections 3-801 through 3-817 of

the Uniform Consumer Credit Code regarding consumer litigation

funding or a rule adopted thereto.

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

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