Okla. Stat. tit. 15, § 15-689
This is the official text of Okla. Stat. tit. 15, § 15-689, 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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Act not exclusive - Noncompliance - Violations - Remedies
Official statutory text
- Application of act.
A. The provisions of the Invention Development Services Act are
not exclusive and do not relieve the parties or the contract from
compliance with all other applicable provisions of law.
B. Any contract for invention development services that does
not comply with the applicable provisions of the Invention
Development Services Act shall be unenforceable against the customer
as contrary to public policy, provided that no contract shall be
unenforceable if the invention developer proves that noncompliance
was unintentional and resulted from a bona fide error in spite of
the invention developer's use of reasonable procedures adopted to
avoid any such errors, and if the invention developer makes an
appropriate correction.
C. Any contract for invention development services entered into
by a customer with an invention developer who has used any fraud,
false pretense, false promise, misrepresentation, misleading
statement or deceptive practice in respect to that customer with the
intent that the customer rely thereon, whether or not the customer
was in fact misled, deceived or damaged, shall be unenforceable
against the customer. Any waiver by the customer of the provisions
of the Invention Development Services Act shall be deemed contrary
to public policy and shall be void and unenforceable.
D. Any person who has been injured by a violation of the
Invention Development Services Act by an invention developer, by any
false or fraudulent statement, representation or omission of
material fact by an invention developer or by failure of an
invention developer to make all of the disclosures required by the
Invention Development Services Act may bring a civil action against
the invention developer for the damages sustained together with
costs and disbursements, including reasonable attorneys fees. The
court in its discretion may increase the award of damages to an
Oklahoma Statutes - Title 15. Contracts Page 133
amount not to exceed three times the damages sustained or Two
Thousand Five Hundred Dollars ($2,500.00), whichever is greater.
E. Failure to make the disclosures required by Section 6 of
this act shall render any contract subsequently entered into between
the customer and the invention developer voidable by the customer.
F. The provision of the Invention Development Services Act
shall have no effect on any contract or agreement entered into prior
to September 1, 1991.
A. The provisions of the Invention Development Services Act are
not exclusive and do not relieve the parties or the contract from
compliance with all other applicable provisions of law.
B. Any contract for invention development services that does
not comply with the applicable provisions of the Invention
Development Services Act shall be unenforceable against the customer
as contrary to public policy, provided that no contract shall be
unenforceable if the invention developer proves that noncompliance
was unintentional and resulted from a bona fide error in spite of
the invention developer's use of reasonable procedures adopted to
avoid any such errors, and if the invention developer makes an
appropriate correction.
C. Any contract for invention development services entered into
by a customer with an invention developer who has used any fraud,
false pretense, false promise, misrepresentation, misleading
statement or deceptive practice in respect to that customer with the
intent that the customer rely thereon, whether or not the customer
was in fact misled, deceived or damaged, shall be unenforceable
against the customer. Any waiver by the customer of the provisions
of the Invention Development Services Act shall be deemed contrary
to public policy and shall be void and unenforceable.
D. Any person who has been injured by a violation of the
Invention Development Services Act by an invention developer, by any
false or fraudulent statement, representation or omission of
material fact by an invention developer or by failure of an
invention developer to make all of the disclosures required by the
Invention Development Services Act may bring a civil action against
the invention developer for the damages sustained together with
costs and disbursements, including reasonable attorneys fees. The
court in its discretion may increase the award of damages to an
Oklahoma Statutes - Title 15. Contracts Page 133
amount not to exceed three times the damages sustained or Two
Thousand Five Hundred Dollars ($2,500.00), whichever is greater.
E. Failure to make the disclosures required by Section 6 of
this act shall render any contract subsequently entered into between
the customer and the invention developer voidable by the customer.
F. The provision of the Invention Development Services Act
shall have no effect on any contract or agreement entered into prior
to September 1, 1991.
Status: in_force · Read it on the official government site
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