Okla. Stat. tit. 14A, § 14A-5-301: Willful violations
Where this section sits in the code
- OK Code
- 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