Okla. Stat. tit. 59, § 59-2006

This is the official text of Okla. Stat. tit. 59, § 59-2006, part of Oklahoma’s Stat. tit. 59, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 59,." Browse the sections below, each linked to its official government source.

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Notes for payments to third parties upon breach

Official statutory text

prohibited - Rights of actions and defenses not cut off by

assignment.

A. A contract or membership agreement for health spa services

shall not require the execution of any note or series of notes by

the buyer which, if separately negotiated, will require the buyer to

make payments to third parties on a note or notes if the contract or

Oklahoma Statutes - Title 59. Professions and Occupations Page 1407

membership agreement for the health spa services is breached by the

health spa.

B. Whether or not the health spa has complied with the notice

requirements of Section 7 of this act, any right of action or

defense arising out of a health spa contract or membership agreement

which the buyer has against the health spa, and which would be cut

off by assignment, shall not be cut off by assignment of the

contract or membership agreement to any third party holder, whether

or not the holder acquires the contract in good faith and for value.

Status: in_force · Read it on the official government site

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