Okla. Stat. tit. 15, § 15-910.3
This is the official text of Okla. Stat. tit. 15, § 15-910.3, 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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Required actions of manufacturer after failure to repair
Official statutory text
- Refunds.
A. If, after a reasonable attempt to repair, the nonconformity
is not repaired, then at the direction of a consumer described under
subparagraph a, b or c of paragraph 5 of Section 2 of this act, the
manufacturer shall do one of the following:
Oklahoma Statutes - Title 15. Contracts Page 217
1. Accept return of the assistive device and replace the
assistive device with a comparable new assistive device and refund
any collateral costs; or
2. Accept return of the assistive device and refund to the
consumer and to any holder of a perfected security interest in the
consumer's assistive device, as their interest may appear, the full
purchase price plus any finance charge amount paid by the consumer
at the point of sale and collateral costs, less a reasonable
allowance for use. A reasonable allowance for use may not exceed
the amount obtained by multiplying the full purchase price of the
assistive device by a fraction, the denominator of which is one
thousand eight hundred twenty-five (1,825) and the numerator of
which is the number of days that the assistive device was used
before the consumer first reported the nonconformity to the
assistive device dealer.
B. 1. With respect to a consumer described under subparagraph
d of paragraph 5 of Section 2 of this act, accept return of the
assistive device, refund to the assistive device lessor and to any
holder of a perfected security interest in the assistive device, as
their interest may appear, the current value of the written lease
and refund to the consumer the amount that the consumer paid under
the written lease plus any collateral costs, less a reasonable
allowance for use.
2. The current value of the written lease equals the total
amount for which that lease obligates the consumer during the period
of the lease remaining after its early termination, plus the
assistive device dealer's early termination costs and the value of
the assistive device at the lease expiration date if the lease sets
forth that value less the assistive device lessor's early
termination savings.
3. A reasonable allowance for use may not exceed the amount
obtained by multiplying the total amount for which the written lease
obligates the consumer by a fraction, the denominator of which is
one thousand eight hundred twenty-five (1,825) and the numerator of
which is the number of days that the consumer used the assistive
device before first reporting the nonconformity to the manufacturer,
assistive device lessor or assistive device dealer.
A. If, after a reasonable attempt to repair, the nonconformity
is not repaired, then at the direction of a consumer described under
subparagraph a, b or c of paragraph 5 of Section 2 of this act, the
manufacturer shall do one of the following:
Oklahoma Statutes - Title 15. Contracts Page 217
1. Accept return of the assistive device and replace the
assistive device with a comparable new assistive device and refund
any collateral costs; or
2. Accept return of the assistive device and refund to the
consumer and to any holder of a perfected security interest in the
consumer's assistive device, as their interest may appear, the full
purchase price plus any finance charge amount paid by the consumer
at the point of sale and collateral costs, less a reasonable
allowance for use. A reasonable allowance for use may not exceed
the amount obtained by multiplying the full purchase price of the
assistive device by a fraction, the denominator of which is one
thousand eight hundred twenty-five (1,825) and the numerator of
which is the number of days that the assistive device was used
before the consumer first reported the nonconformity to the
assistive device dealer.
B. 1. With respect to a consumer described under subparagraph
d of paragraph 5 of Section 2 of this act, accept return of the
assistive device, refund to the assistive device lessor and to any
holder of a perfected security interest in the assistive device, as
their interest may appear, the current value of the written lease
and refund to the consumer the amount that the consumer paid under
the written lease plus any collateral costs, less a reasonable
allowance for use.
2. The current value of the written lease equals the total
amount for which that lease obligates the consumer during the period
of the lease remaining after its early termination, plus the
assistive device dealer's early termination costs and the value of
the assistive device at the lease expiration date if the lease sets
forth that value less the assistive device lessor's early
termination savings.
3. A reasonable allowance for use may not exceed the amount
obtained by multiplying the total amount for which the written lease
obligates the consumer by a fraction, the denominator of which is
one thousand eight hundred twenty-five (1,825) and the numerator of
which is the number of days that the consumer used the assistive
device before first reporting the nonconformity to the manufacturer,
assistive device lessor or assistive device dealer.
Status: in_force · Read it on the official government site
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