Oklahoma § 15-140.3 - Motor vehicle financial protection products

Full text of Oklahoma Oklahoma Statutes § 15-140.3 — Motor vehicle financial protection products, with citation guidance and answers to common questions.

§ 15-140.3. Motor vehicle financial protection products

A. Motor vehicle financial protection products may be offered,

sold, or given to consumers in this state in compliance with this

act.

B. Notwithstanding any other provision of law, any amount

charged or financed for a motor vehicle financial protection product

is an authorized charge that must be separately stated and not be

considered a financial charge or interest.

C. Neither the extension of credit, the terms of credit, nor

the terms of the related motor vehicle sale or lease shall be

conditioned upon the consumer's payment for or financing of any

charge for a motor vehicle financial protection product. However,

motor vehicle financial protection products may be discounted or

given at no charge in connection with the purchase of other noncredit related goods or services.

Added by Laws 2022, c. 16, § 2, eff. Nov. 1, 2022.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 15-140.3

What does Oklahoma Statutes § 15-140.3 cover?

Section 15-140.3 ("Motor vehicle financial protection products") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Oklahoma § 15-140.3?

A common citation format is "Oklahoma Statutes § 15-140.3" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Oklahoma law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.

How does Oklahoma § 15-140.3 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.