Okla. Stat. tit. 59, § 59-3106: Prohibited acts

A deferred deposit lender shall not:

1. Charge fees other than, or in excess of those authorized by

the Deferred Deposit Lending Act;

2. Make deferred deposit loans at unlicensed locations;

3. Alter or delete the date on an instrument after it has been

accepted by the lender pursuant to a deferred deposit loan;

4. Accept an undated instrument or an instrument dated on a

date other than the date of the deferred deposit loan;

5. Accept an instrument unless the account on which the

instrument is drawn is a legitimate, open and active account;

6. Require a debtor to provide security for the deferred

deposit loan or require a debtor to provide a guaranty from another

person;

7. Advance a loan amount greater than Five Hundred Dollars

($500.00) to a borrower in one deferred deposit loan transaction

exclusive of the finance charge allowed in Section 3108 of this

title;

8. Engage in a deferred deposit loan with a term of less than

twelve (12) days or more than forty-five (45) days;

9. Negotiate or present an instrument for payment unless the

instrument is endorsed with the actual business name of the lender;

10. Negotiate any instrument presented by a borrower if the

borrower has redeemed the instrument by paying the full amount due

under the deferred deposit loan;

11. Make any charge for insurance in connection with a deferred

deposit loan transaction;

12. Refuse the borrower’s right to rescind the deferred deposit

loan at any time between the time of the deferred deposit loan

transaction and 5 p.m. of the next business day following the

deferred deposit loan transaction;

13. Charge the borrower an additional finance charge or fee for

cashing a lender’s business instrument, if the lender pays the

proceeds from the loan transaction in the form of a business

instrument;

14. Require or accept more than one dated instrument per

deferred deposit loan; or

15. Refuse the borrower’s right to enter into an installment

payment plan, pursuant to this act.