Okla. Stat. tit. 14A, § 14A-5-302: Disclosure violations
Where this section sits in the code
- OK Code
- Title 14A
A person 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,
if he willfully and knowingly
(1) gives false or inaccurate information or fails to provide
information which he is required to disclose under the provisions of
this act on disclosure and advertising (Part 3) of the article on
credit sales (Article 2) or of the article on loans (Article 3), or
of any related rule of the Administrator adopted pursuant to this
act;
(2) uses any rate table or chart, the use of which is
authorized by rule of the Administrator adopted pursuant to the
provisions on calculation of rate to be disclosed (Section 2-304 and
Section 3-304), in a manner which consistently understates the
annual percentage rate determined according to those provisions; or
(3) otherwise fails to comply with any requirement of the
provisions of this act on disclosure and advertising (Part 3) of the
article on credit sales (Article 2) or of the article on loans
(Article 3), or of any related rule of the Administrator adopted
pursuant to this act.
Collected 2026-09-14T18:32:36Z. Source file · JSON