credit prohibited - Definitions. No institution within The Oklahoma State System of Higher Education or technology center school within the state system of career and technology education shall enter into any agreement on or after the effective date of this act to sell student data to any creditor for purposes of marketing consumer credit to students. Provided, nothing in this section shall preclude an institution or school from releasing student data as permitted by the Oklahoma Open Records Act. As used in this section: 1. “Creditor” means a person, partnership, corporation, association, or other entity who, in the ordinary course of business, regularly extends consumer credit. The term creditor shall include any agent of a creditor for collection, processing, or other purposes; 2. “Consumer credit” means credit extended to a consumer as a consumer loan as defined in Section 3-104 of Title 14A of the Oklahoma Statutes or a lender credit card or seller credit card as defined in Section 1-301 of Title 14A of the Oklahoma Statutes; and 3. “Student data” means the same as directory information as defined in Section 24A.16 of Title 51 of the Oklahoma Statutes.
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