Okla. Stat. tit. 71, § 71-809
This is the official text of Okla. Stat. tit. 71, § 71-809, part of Oklahoma’s Stat. tit. 71, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 71,." Browse the sections below, each linked to its official government source.
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Contracts or agreements required - Contents
Official statutory text
A. It is unlawful and shall be deemed a Class C2 felony offense
for any person to offer or sell any business opportunity, as defined
in Section 802 of this title, unless the business opportunity
contract or agreement is in writing and a copy of the contract or
agreement is given to the purchaser at the time the purchaser signs
the contract or agreement.
B. Contracts or agreements shall set forth in at least ten-
point type the following:
1. The terms and conditions of any and all payments due to the
seller;
2. The seller's principal business address and the name and
address of the seller's agent in this state authorized to receive
service of process;
3. The business form of the seller, whether corporate,
partnership or otherwise;
4. The delivery date or, when the contract provides for a
periodic delivery of items to the purchaser, the approximate
delivery date of the product, equipment or supplies the seller is to
deliver to the purchaser to enable the purchaser to start his or her
business; and
5. Whether the product, equipment or supplies are to be
delivered to the purchaser's home or business address or are to be
placed or caused to be placed by the seller at locations owned or
managed by persons other than the purchaser.
for any person to offer or sell any business opportunity, as defined
in Section 802 of this title, unless the business opportunity
contract or agreement is in writing and a copy of the contract or
agreement is given to the purchaser at the time the purchaser signs
the contract or agreement.
B. Contracts or agreements shall set forth in at least ten-
point type the following:
1. The terms and conditions of any and all payments due to the
seller;
2. The seller's principal business address and the name and
address of the seller's agent in this state authorized to receive
service of process;
3. The business form of the seller, whether corporate,
partnership or otherwise;
4. The delivery date or, when the contract provides for a
periodic delivery of items to the purchaser, the approximate
delivery date of the product, equipment or supplies the seller is to
deliver to the purchaser to enable the purchaser to start his or her
business; and
5. Whether the product, equipment or supplies are to be
delivered to the purchaser's home or business address or are to be
placed or caused to be placed by the seller at locations owned or
managed by persons other than the purchaser.
Status: in_force · Read it on the official government site
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