SECTION 160:65-1-3. Definitions


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  •   Except as otherwise specifically defined in this section, the definitions set forth in the Code are incorporated herein and made a part hereof. The following words or terms, when used in this chapter, shall have the following meaning, unless the context clearly indicates otherwise:
    "Code" means the Uniform Consumer Credit Code beginning at §1-101 of Title 14A of the Oklahoma Statutes.
    "APA" means the Administrative Procedures Act beginning at §250 of Title 75 of the Oklahoma Statutes.
    "Days" mean calendar days. In computing any period of time for communications between a licensee and the Department or a court, the day of the event from which the designated period of time begins to run shall not be included. The last day of the period so computed shall be included, unless it is a day that the supervised lender, the Department or the office of the court clerk is closed.
    "Department" means the Oklahoma State Department of Consumer Credit.
    "Licensee" means a supervised lender that has been given authority by the Administrator to engage in supervised loans within Oklahoma.
    "Notification" means the filing required for entities that finance or arrange the financing of their own goods and services.
[Source: Added at 16 Ok Reg 2184, eff 6-25-99]