Okla. Stat. tit. 63, § 63-4038

This is the official text of Okla. Stat. tit. 63, § 63-4038, part of Oklahoma’s Stat. tit. 63, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 63,." Browse the sections below, each linked to its official government source.

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Designated successor of deceased or incapacitated new

Official statutory text

vessel dealer - Continuation of existing dealer agreement - Refusal

to honor succession - Notice.

A. A designated successor of a deceased or incapacitated new

vessel dealer may succeed the dealer in the ownership or operation

of the dealership under the existing dealer agreement, if the

designated successor gives the manufacturer or distributor written

notice of his intention to succeed to the dealership within sixty

(60) days after the dealer's death or incapacity and agrees to be

bound by all of the terms and conditions of the dealer agreement. A

Oklahoma Statutes - Title 63. Public Health and Safety Page 1646

manufacturer or distributor may refuse to honor the existing dealer

agreement with the designated successor for good cause or criteria

agreed to in the existing dealer agreement, and may require the

designated successor to supply personal and financial data necessary

to determine whether the existing dealer agreement should be

honored.

B. Within sixty (60) days after receiving the notice of the

designated successor's intent to succeed the dealer in the ownership

and operation of the dealership or within sixty (60) days after

receiving the requested personal and financial data, whichever last

occurs, if a manufacturer or distributor believes that good cause or

other criteria exists for refusing to honor the succession, the

manufacturer or distributor may serve upon the designated successor

notice of its refusal to approve the succession.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.