{"data":{"id":"us-ok/okla.-stat.-tit.-14a-14a-1-201","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 14A, § 14A-1-201","heading":"Territorial application","body":"(1) Except as otherwise provided in this section, the Uniform\n\nConsumer Credit Code applies to sales, leases, and loans made in\n\nthis state and to modifications, including refinancings,\n\nconsolidations, and deferrals, made in this state, of sales, leases,\n\nand loans, wherever made. For purposes of the Uniform Consumer\n\nCredit Code:\n\n(a) a sale or modification of a sale agreement is made in\n\nthis state if the buyer's agreement or offer to\n\npurchase or to modify is received by the seller in\n\nthis state,\n\n(b) a lease or modification of a lease agreement is made\n\nin this state if the lessee's agreement or offer to\n\nlease or to modify is received by the lessor in this\n\nstate, and\n\n(c) a loan or modification of a loan agreement is made in\n\nthis state if a writing signed by the debtor and\n\nevidencing the debt is received by the lender in this\n\nstate.\n\n(2) With respect to sales made pursuant to a revolving charge\n\naccount (Section 2-108), the Uniform Consumer Credit Code applies if\n\nthe buyer's communication or indication of his intention to\n\nestablish the account is received by the seller in this state. If\n\nno communication or indication of intention is given by the buyer\n\nbefore the first sale, the Uniform Consumer Credit Code applies if\n\nthe seller's communication notifying the buyer of the privilege of\n\nusing the account is mailed or personally delivered in this state.\n\n(3) With respect to loans made pursuant to a lender credit card\n\nor similar arrangement (subsection (9) of Section 1-301), the\n\nUniform Consumer Credit Code applies if the debtor's communication\n\nor indication of his intention to establish the arrangement with the\n\nlender is received by the lender in this state. If no communication\n\nor indication of intention is given by the debtor before the first\n\nloan, the Uniform Consumer Credit Code applies if the lender's\n\ncommunication notifying the debtor of the privilege of using the\n\narrangement is mailed or personally delivered in this state.\n\n(4) The part on limitations on creditors' remedies (Part 1) of\n\nthe article on remedies and penalties (Article 5) applies to actions\n\nor other proceedings brought in this state to enforce rights arising\n\nfrom consumer credit sales, consumer leases, consumer loans, or\n\nextortionate extensions of credit, wherever made.\n\n(5) If a consumer credit sale, consumer lease, or consumer\n\nloan, or modification thereof, is made in another state to a person\n\nwho is a resident of this state when the sale, lease, loan, or\n\nmodification is made, the following provisions apply as though the\n\ntransaction occurred in this state:\n\n(a) a seller, lessor, lender, or assignee of his rights,\n\nmay not collect charges through actions or other\n\nproceedings in excess of those permitted by the\n\narticle on credit sales (Article 2) or by the article\n\non loans (Article 3), and\na resident of this state when the sale, lease, loan, or\n\nmodification is made, the following provisions apply as though the\n\ntransaction occurred in this state:\n\n(a) a seller, lessor, lender, or assignee of his rights,\n\nmay not collect charges through actions or other\n\nproceedings in excess of those permitted by the\n\narticle on credit sales (Article 2) or by the article\n\non loans (Article 3), and\n\n(b) a seller, lessor, lender, or assignee of his rights,\n\nmay not enforce rights against the buyer, lessee, or\n\ndebtor, with respect to the provisions of agreements\n\nwhich violate the provisions on limitations on\n\nagreements and practices (Part 4) of the article on\n\ncredit sales (Article 2) or of the article on loans\n\n(Article 3).\n\n(6) Except as provided in subsection (4), a sale, lease, loan,\n\nor modification thereof, made in another state to a person who was\n\nnot a resident of this state when the sale, lease, loan, or\n\nmodification was made is valid and enforceable in this state\n\naccording to its terms to the extent that it is valid and\n\nenforceable under the laws of the state applicable to the\n\ntransaction.\n\n(7) For the purposes of the Uniform Consumer Credit Code, the\n\nresidence of a buyer, lessee, or debtor, is the address given by the\n\nperson as his or her residence in any writing signed by such person\n\nin connection with a credit transaction. Until such person notifies\n\nthe creditor of a new or different address, the given address is\n\npresumed to be unchanged.\n\n(8) Notwithstanding other provisions of this section:\n\n(a) except as provided in subsection (4), the Uniform\n\nConsumer Credit Code does not apply if the buyer,\n\nlessee, or debtor is not a resident of this state at\n\nthe time of a credit transaction and the parties then\n\nagree that the law of his or her residence applies,\n\nand\n\n(b) the Uniform Consumer Credit Code applies if the buyer,\n\nlessee, or debtor is a resident of this state at the\n\ntime of a credit transaction and the parties then\n\nagree that the law of this state applies.\n\n(9) Except as provided in subsection (8), the following\n\nagreements by a buyer, lessee, or debtor are invalid with respect to\n\nconsumer credit sales, consumer leases, consumer loans, or\n\nmodifications thereof, to which the Uniform Consumer Credit Code\n\napplies:\n\n(a) that the law of another state shall apply,\n\n(b) that the buyer, lessee, or debtor consents to the\n\njurisdiction of another state, and\n\n(c) that fixes venue.\n\n(10) The following provisions of the Uniform Consumer Credit\n\nCode specify the applicable law governing certain cases:\n\n(a) applicability (Section 6-102) of the part on powers\n\nand functions of administrator (Part 1) of the article\n\non administration (Article 6), and\n\n(b) applicability (Section 6-201) of the part on\n\nnotification and fees (Part 2) of the article on\n\nadministration (Article 6).\n\n(11) Notwithstanding other provisions of this section, the\n\nUniform Consumer Credit Code applies to sales, leases and loans,\n\nincluding modifications, refinancing, consolidations and deferrals\n\nthereof, entered into between a resident of this state while in this\n\nstate, and a seller, lessor, lender or assignee of a seller, lessor\n\nor lender via the Internet or any other electronic means.","path":["OK Code","Title 14A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os14A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"19cc9c2768117d430d4cea8e71106cfc2d3dd4073ac9361a3ad5c3a47516548a","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-14a-14a-1-111","next":"us-ok/okla.-stat.-tit.-14a-14a-1-201a"},"notice":"GroundRules: Original legal text. Not legal advice."}