state of oklahoma department of … dollar changes final adjustment 5...state of oklahoma department...

1

Click here to load reader

Upload: duongdan

Post on 23-May-2018

215 views

Category:

Documents


2 download

TRANSCRIPT

Page 1: STATE OF OKLAHOMA DEPARTMENT OF … dollar changes FINAL adjustment 5...state of oklahoma department of consumer credit ... oklahoma department of consumer credit ... and (3)] (b)

Scott Lesher Mary Fallin Administrator Governor Ruben Tornini Todd Lamb Deputy Administrator Lt. Governor

STATE OF OKLAHOMA DEPARTMENT OF CONSUMER CREDIT

3613 NW 56th Street, Suite 240 Oklahoma City, OK 73112-4512

http://www.ok.gov/okdocc/

OKLAHOMA DEPARTMENT OF CONSUMER CREDIT

TITLE 160.CHAPTER 20.

CHANGES IN DOLLAR AMOUNTS

APPENDIX I. CHANGES IN DOLLAR AMOUNTS - JULY 1, 2015

(a) The percentage of change, calculated according to the nearest whole percentage point, between the Index at the end of 2014 and the Reference Base Index

is ten percent (10%) or more so various dollar amounts set forth in the Uniform Consumer Credit Code shall change using figures from Consumer Price Index

Indicators, Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). [14A:1-106(1), (2) and (3)]

(b) The designated sections and the corresponding dollar amounts to become effective on July 1, 2015, are as follows unless otherwise noted:

Designated Sections July 1, 2014 August 22, 2014 July 1, 2015

2-201(2)(a)(i) $1,470.00 $1,470.00 $1,470.00

2-201(2)(a)(ii) $1,470.01 -$4,900.00 $1,470.01 - $4,900.00 $1,470.01 - $4,900.00

2-201(2)(a)(iii) $4,900.01 $4,900.01 $4,900.01

2-203(1)(a) $24.50 $24.50 $24.50

2-407(1) $4,900.00 $4,900.00 $4,900.00

2-407(1) $980.00 $980.00 $980.00

2-413 $4,900.00 $4,900.00 $4,900.00

3-203(1)(b) $24.50 $24.50 $24.50

3-203(5) $24.50 $24.50 $24.50

3-203.1 $24.50 $24.50 $24.50

3-508A(2)(a)(i) $1,470.00 $2,910.00* $2,910.00*

3-508A(2)(a)(ii) $1,470.01 - $4,900.00 $2,910.01 –$ 6,200.00* $2,910.01 – $6,200.00*

3-508A(2)(a)(iii) $4,900.01 $6,200.01* $6,200.01*

3-508B(1) $1,470.00 $1,470.00 $1,470.00

3-508B(1)(a) $146.95 $146.95 $146.95

3-508B(1)(a) $4.90- $24.50 $4.90-$24.50 $4.90 – $24.50

3-508B(1)(b) $146.96 – $171.50 $146.96 – $171.50 $146.96 – $171.50

3-508B(1)(b) $14.70 $14.70 $14.70

3-508B(1)(c) $171.51 – $343.00 $171.51 –$343.00 $171.51 – $343.00

3-508B(1)(c) $17.15 $17.15 $17.15

3-508B(1)(d) $343.01 – $490.00 $343.01 – $490.00 $343.01 – $490.00

3-508B(1)(d) $19.60 $19.60 $19.60

3-508B(1)(e) $490.01 – $735.00 $490.01 – $735.00 $490.01 – $735.00

3-508B(1)(e) $22.05 $22.05 $22.05

3-508B(1)(f) $735.01 - $1470.00 $735.01 - $1470.00 $735.01 - $1470.00

3-508B(1)(f) $24.50 $24.50 $24.50

3-510(1) $4,900.00 $4,900.00 $4,900.00

3-511(1) $4,900.00 $4,900.00 $4,900.00

3-511(1)(a) $1,470.00 $1,470.00 $1,470.00

3-511(1)(b) $1,470.00 $1,470.00 $1,470.00

3-514 $4,900.00 $4,900.00 $4,900.00

5-103(2) $4,900.00 $4,900.00 $4,900.00

5-103(3) $4,900.00 $4,900.00 $4,900.00

5-103(7) $4,900.00 $4,900.00 $4,900.00

*Dollar amount set by statute at 14A O.S. § 3-508A (2)(a)(i),(ii),(iii), effective August 22, 2014