Okla. Stat. tit. 47, § 47-561: Necessity for regulation - Legislative finding
Where this section sits in the code
- OK Code
- Title 47
The Legislature finds and declares that the distribution and
sale of new motor vehicles and powersport vehicles in this state
vitally affects the general economy of the state and the public
interest and the public welfare, and that in order to promote the
public interest and the public welfare, and in the exercise of its
police powers, it is necessary to regulate and to license motor
vehicle manufacturers, factories, distributors, and their respective
representatives, new motor vehicle dealers, and powersport vehicle
dealers, and to register salespersons of new motor vehicles and
powersport vehicles doing business in Oklahoma, in order to prevent
frauds, impositions and other abuses upon its citizens and to
protect and preserve the investments and properties of the citizens
of this state, and in order to avoid undue control of the
independent new motor vehicle dealer or powersport vehicle dealer by
the new motor vehicle or powersport vehicle manufacturing and
distributing organizations, and in order to foster and keep alive
vigorous and healthy competition by prohibiting unfair practices by
which fair and honest competition is destroyed or prevented, and to
protect the public against the creation or perpetuation of
monopolies and practices detrimental to the public welfare, to
prevent the practice of requiring the buying of special features,
appliances and equipment not desired or requested by the purchaser,
to prevent false and misleading advertising, to prevent unfair
practices by new motor vehicle dealers , powersports vehicle
dealers, manufacturers, factories, and distributing organizations,
to promote the public safety and prevent disruption of the franchise
or dealership system of distribution of new motor vehicles and
powersports vehicles to the public and prevent deterioration of
facilities for servicing new motor vehicles or powersport vehicles
and keeping the same safe and properly functioning, and prevent
bankrupting of new motor vehicle dealers and powersport dealers, who
might otherwise be caused to fail because of such unfair practices.
Collected 2026-09-14T18:32:36Z. Source file · JSON