GroundRules
← Search the law
Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 21, § 21-1550.21: Definitions

Read at publisher ↗
Where this section sits in the code
  1. OK Code
  2. Title 21

As used in this act:

1. "Cardholder" means the person or organization named on the

face of a credit card or a debit card to whom or for whose benefit

the credit card or debit card is issued;

2. "Credit card" means any instrument or device, whether known

as a credit card, credit plate, charge plate or by any other name,

issued with or without fee by an issuer for the use of the

cardholder in obtaining money, goods, services or anything else of

value on credit and all such credit cards lawfully issued shall be

considered the property of the cardholder or the issuer for all

purposes;

3. "Debit card" means any instrument or device, whether known

as a debit card or by any other name, issued with or without fee by

an issuer for the use of the cardholder in depositing, obtaining or

transferring funds from a consumer banking electronic facility;

4. "Issuer" means any person, firm, corporation, financial

institution or its duly authorized agent which issues a credit card

or a debit card;

5. "Receives" or "receiving" means acquiring possession or

control or accepting as security for a loan;

6. "Reencoder" means an electronic device that places encoded

information from the computer chip, magnetic strip or stripe or

other storage mechanism of a credit card or debit card onto the

computer chip, magnetic strip or stripe or other storage mechanism

of a different card;

7. "Revoked card" means a credit card or a debit card which is

no longer valid because permission to use it has been suspended or

terminated by the issuer;

8. "Scanning device" means a scanner, reader or any other

electronic device that may be used to access, read, scan, obtain,

memorize or store, temporarily or permanently, information encoded

on the computer chip, magnetic strip or stripe or other storage

mechanism of a credit card or debit card or from another device that

directly reads the information from a credit card or debit card; and

9. "Skimming device" means a self-contained device that:

a. is designed to read and store in the internal memory

of the device information encoded on the computer

chip, magnetic strip or stripe or other storage

mechanism of a credit card or debit card or from

another device that directly reads the information

from a credit card or debit card, and

b. is incapable of processing the credit card or debit

card information for the purpose of obtaining,

purchasing or receiving goods, services, money or

anything else of value from a person or organization.

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

Browse this collection