Okla. Stat. tit. 14A, § 14A-4-103: Definition: "Consumer credit insurance"
Where this section sits in the code
- OK Code
- Title 14A
As used in the Uniform Consumer Credit Code, "consumer credit
insurance" means insurance, other than insurance on property as
provided for in Section 4-301 of this title, by which the
satisfaction of debt in whole or in part is a benefit provided, but
does not include:
(a) insurance provided in relation to a credit transaction
in which a payment is scheduled more than fifteen (15)
years after the extension of credit; or
(b) insurance issued as an isolated transaction of the
insurer not related to an agreement or plan for
insuring debtors of the creditor; or
(c) insurance indemnifying the creditor against loss due
to the debtor's default.
Collected 2026-09-14T18:32:36Z. Source file · JSON