Okla. Stat. tit. 15, § 15-683
This is the official text of Okla. Stat. tit. 15, § 15-683, 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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Cancellation of contract
Official statutory text
A. The customer shall have the unconditional right to cancel a
contract for invention development services for any reason at any
time before midnight of the third business day following the date
the invention developer and the customer sign the contract and the
customer receives a fully executed copy of it. Written notice of
cancellation may be delivered personally or by certified mail. If
given by certified mail, the notice is effective upon the date
certified by signature. Notice of cancellation need not take a
particular form and is sufficient if it indicates, by any form of
Oklahoma Statutes - Title 15. Contracts Page 128
written expression, the intention of the customer not to be bound by
the contract. Within ten (10) business days after receipt of the
notice of cancellation, the invention developer shall deliver to the
customer, personally or by certified mail, all moneys paid, any note
or other evidence of indebtedness and all materials provided by the
customer.
B. Every contract for invention development services shall
contain the following statement in 10-point boldface type
immediately above the place where the customer signs the contract:
"The three business day period during which you may cancel this
contract for any reason by certified mailing or delivering written
notice to the invention developer will expire on (last date to mail
or deliver notice). If you choose to use certified mail as your
notice, it must be placed in the United States mail addressed to
(Name of Invention Developer), at (Address of Invention Developer's
Place of Business) with first class postage prepaid before midnight
of this date. If you choose to personally deliver your notice to
the invention developer, it must be delivered to him by the end of
his normal business day on this date."
contract for invention development services for any reason at any
time before midnight of the third business day following the date
the invention developer and the customer sign the contract and the
customer receives a fully executed copy of it. Written notice of
cancellation may be delivered personally or by certified mail. If
given by certified mail, the notice is effective upon the date
certified by signature. Notice of cancellation need not take a
particular form and is sufficient if it indicates, by any form of
Oklahoma Statutes - Title 15. Contracts Page 128
written expression, the intention of the customer not to be bound by
the contract. Within ten (10) business days after receipt of the
notice of cancellation, the invention developer shall deliver to the
customer, personally or by certified mail, all moneys paid, any note
or other evidence of indebtedness and all materials provided by the
customer.
B. Every contract for invention development services shall
contain the following statement in 10-point boldface type
immediately above the place where the customer signs the contract:
"The three business day period during which you may cancel this
contract for any reason by certified mailing or delivering written
notice to the invention developer will expire on (last date to mail
or deliver notice). If you choose to use certified mail as your
notice, it must be placed in the United States mail addressed to
(Name of Invention Developer), at (Address of Invention Developer's
Place of Business) with first class postage prepaid before midnight
of this date. If you choose to personally deliver your notice to
the invention developer, it must be delivered to him by the end of
his normal business day on this date."
Status: in_force · Read it on the official government site
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