Oklahoma Administrative Code
Title 160 - Department of Consumer Credit
Chapter 45 - Truth in Lending Rules
Subchapter 7 - Miscellaneous
Section 160:45-7-4 - Limitations on rates

Universal Citation: OK Admin Code 160:45-7-4

Current through Vol. 42, No. 1, September 16, 2024

A creditor shall include in any consumer credit contract secured by a dwelling and subject to the Code and this chapter the maximum interest rate that may be imposed during the term of the obligation when -

(1) in the case of closed-end credit, the annual percentage rate may increase after consummation, or

(2) in the case of open-end credit, the annual percentage rate may increase during the plan.

Added at 17 Ok Reg 1587, eff 5-25-00

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