Okla. Stat. tit. 71, § 71-826
This is the official text of Okla. Stat. tit. 71, § 71-826, 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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Limitation of actions - Remedies not exclusive - Waiver of
Official statutory text
compliance, duty or liability void.
A. No action shall be maintained under subsection A of Section
824 of this title unless commenced before the expiration of three
(3) years after the act or transaction constituting the sale. No
action shall be maintained under subsection B of Section 824 of this
title unless commenced before the expiration of two (2) years after
the untruth or omission was, or in the exercise of reasonable care
should have been, discovered, or such longer term of limitation as
may be otherwise provided by law.
B. The rights and remedies under the Oklahoma Business
Opportunity Sales Act are in addition to any other rights or
remedies that may exist at law or in equity.
C. Any condition, stipulation or provision binding any
purchaser of a business opportunity to waive compliance with or
relieving a person from any duty or liability imposed by or any
right provided by the Oklahoma Business Opportunity Sales Act or any
rule or order issued pursuant to the act is void.
A. No action shall be maintained under subsection A of Section
824 of this title unless commenced before the expiration of three
(3) years after the act or transaction constituting the sale. No
action shall be maintained under subsection B of Section 824 of this
title unless commenced before the expiration of two (2) years after
the untruth or omission was, or in the exercise of reasonable care
should have been, discovered, or such longer term of limitation as
may be otherwise provided by law.
B. The rights and remedies under the Oklahoma Business
Opportunity Sales Act are in addition to any other rights or
remedies that may exist at law or in equity.
C. Any condition, stipulation or provision binding any
purchaser of a business opportunity to waive compliance with or
relieving a person from any duty or liability imposed by or any
right provided by the Oklahoma Business Opportunity Sales Act or any
rule or order issued pursuant to the act is void.
Status: in_force · Read it on the official government site
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