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

Okla. Stat. tit. 59, § 59-1957: Application of act - Violations - Penalties

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Where this section sits in the code
  1. OK Code
  2. Title 59

The Oklahoma Rental-Purchase Act applies to persons, who in this

state make or solicit rental-purchase agreements, or who directly

collect payments from or enforce rights against debtors arising from

the rental-purchase agreement, wherever they are made; or who engage

in rental-purchase transactions subject to the provisions of the

Oklahoma Rental-Purchase Act. A person who willfully engages in the

business of making rental-purchase agreements without a license in

violation of the provisions of this act pertaining to authority to

make rental-purchase agreements, upon conviction, is guilty of a

misdemeanor and 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.

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

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