{"data":{"id":"us-ok/okla.-stat.-tit.-14a-14a-3-509","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 14A, § 14A-3-509","heading":"Use of multiple agreements or split loans","body":"A lender may not, whether acting independently or in concert\n\nwith one or more other lenders, use multiple agreements or split a\n\nloan (including any refinancing thereof) into multiple loans with\n\nintent to obtain a higher rate or amount of loan finance charge\n\nunder Section 3-508A or 3-508B, whichever is appropriate, than would\n\notherwise be permitted by this article or to avoid disclosure of an\n\nannual percentage rate pursuant to the provisions on disclosure and\n\nadvertising (Part 3). The excess amount of loan finance charge\n\nprovided for in agreements or split loans in violation of this\n\nsection are excess charges for the purposes of the provisions on\n\neffect of violation on rights of parties (Section 5-202) and the\n\nprovisions on civil actions by Administrator (Section 6-113).","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":"05a85601b28aef6d76be45e1a62bb67866271cc7ea6268b8a37e8cfb1e6131f9","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-14a-14a-3-508c","next":"us-ok/okla.-stat.-tit.-14a-14a-3-510"},"notice":"GroundRules: Original legal text. Not legal advice."}