Okla. Stat. tit. 15, § 15-245A.4
This is the official text of Okla. Stat. tit. 15, § 15-245A.4, part of Oklahoma’s Stat. tit. 15, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 15,." Browse the sections below, each linked to its official government source.
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Death of dealer
Official statutory text
A. This section shall only apply to single-line dealer
agreements.
B. If a dealer dies, a supplier shall have ninety (90) days in
which to consider and make a determination on a request by a family
member to enter into a new dealer agreement to operate the
dealership. If the supplier determines that the requesting family
member is not acceptable, the supplier shall provide the family
member with a written notice of its determination with the stated
reasons for nonacceptance. This section does not entitle an heir,
Oklahoma Statutes - Title 15. Contracts Page 81
personal representative or family member to operate a dealership
without the specific written consent of the supplier.
C. Notwithstanding the foregoing, if a supplier and dealer have
previously executed an agreement concerning succession rights prior
to the dealer’s death, and if such agreement is still in effect, the
agreement shall be observed even if it designates someone other than
the surviving spouse or heirs of the decedent as the successor.
agreements.
B. If a dealer dies, a supplier shall have ninety (90) days in
which to consider and make a determination on a request by a family
member to enter into a new dealer agreement to operate the
dealership. If the supplier determines that the requesting family
member is not acceptable, the supplier shall provide the family
member with a written notice of its determination with the stated
reasons for nonacceptance. This section does not entitle an heir,
Oklahoma Statutes - Title 15. Contracts Page 81
personal representative or family member to operate a dealership
without the specific written consent of the supplier.
C. Notwithstanding the foregoing, if a supplier and dealer have
previously executed an agreement concerning succession rights prior
to the dealer’s death, and if such agreement is still in effect, the
agreement shall be observed even if it designates someone other than
the surviving spouse or heirs of the decedent as the successor.
Status: in_force · Read it on the official government site
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