Okla. Stat. tit. 7, § 7-75
This is the official text of Okla. Stat. tit. 7, § 7-75, part of Oklahoma’s Stat. tit. 7, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 7,." Browse the sections below, each linked to its official government source.
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Payments into set-aside fund - Reimbursement for initial
Official statutory text
stock of merchandise.
A. Every vending facility operator shall be required to pay
monthly into the set-aside fund as provided for in the Randolph-
Sheppard Act (20 U.S.C., Section 107.b(3)). The Department is
hereby authorized to fix the amount to be paid by such operator,
which amount shall be based upon the performance of the facility and
the ability of the operator to pay. The amount shall be on a
sliding scale of zero percent (0%) to not more than twelve percent
(12%) of the net proceeds of the vending facility during any one (1)
month, and shall be paid to the Department.
B. Any operator who is furnished an initial stock of
merchandise by the Department shall be required to reimburse the
Department for all amounts so expended. Such reimbursement shall be
payable in monthly installments of not less than two percent (2%)
nor more than five percent (5%) of the gross sales of the vending
facility during any one (1) month, until all amounts expended by the
Department for such purpose are repaid in full.
A. Every vending facility operator shall be required to pay
monthly into the set-aside fund as provided for in the Randolph-
Sheppard Act (20 U.S.C., Section 107.b(3)). The Department is
hereby authorized to fix the amount to be paid by such operator,
which amount shall be based upon the performance of the facility and
the ability of the operator to pay. The amount shall be on a
sliding scale of zero percent (0%) to not more than twelve percent
(12%) of the net proceeds of the vending facility during any one (1)
month, and shall be paid to the Department.
B. Any operator who is furnished an initial stock of
merchandise by the Department shall be required to reimburse the
Department for all amounts so expended. Such reimbursement shall be
payable in monthly installments of not less than two percent (2%)
nor more than five percent (5%) of the gross sales of the vending
facility during any one (1) month, until all amounts expended by the
Department for such purpose are repaid in full.
Status: in_force · Read it on the official government site
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