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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 71, § 71-809: Contracts or agreements required - Contents

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Where this section sits in the code
  1. OK Code
  2. Title 71

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.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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