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

Okla. Stat. tit. 14A, § 14A-5-301: Willful violations

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

(1) A supervised lender who willfully makes charges in excess

of those permitted by the provisions of the article on loans

(Article 3) applying to supervised loans (Part 5) is guilty of a

misdemeanor and upon conviction may be sentenced to pay a fine not

exceeding Five Hundred Dollars ($500.00), or to imprisonment not

exceeding one (1) year, or both.

(2) A person, other than a supervised financial organization,

who willfully engages in the business of making supervised loans

without a license in violation of the provisions of this act

applying to authority to make supervised loans (Section 3-502) is

guilty of a misdemeanor and upon conviction may be sentenced to pay

a fine not exceeding Five Thousand Dollars ($5,000.00), or to

imprisonment not exceeding one (1) year, or both.

(3) A person who willfully engages in the business of making

consumer credit sale, consumer leases, or consumer loans, or of

taking assignments of rights against debtors arising therefrom and

undertakes direct collection of payments or enforcement of these

rights, without complying with the provisions of this act concerning

notification (Section 6-202) or payment of fees (Section 6-203), is

guilty of a misdemeanor and upon conviction may be sentenced to pay

a fine not exceeding Five Hundred Dollars ($500.000).

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

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