SECTION 160:70-5-2. Notice of charges, terms and effective annual percentage rate

Latest version.

(a)   The notice shall be posted on the front exterior at each licensed location and on each counter, desk, table or other station where potential debtors are processed. [59:3104(F)]
(b)   Each notice shall be at least legal-size (8.5 inches by 14 inches) with black characters on a white background. The characters shall be legible and at least twenty-point type with the effective annual percentage rates and finance charges in bold type.
(c)   The front exterior notice shall be posted so that it is readable from outside of the licensed location.
(d)   Each notice shall be in plain view so that the whole notice is readable by potential debtors at all times and not obstructed by any other object or signage.

[Source: Added at 20 Ok Reg 2852, eff 9-1-03 (emergency); Added at 21 Ok Reg 2707, eff 7-12-04]

                    
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