Okla. Stat. tit. 71, § 71-826: Limitation of actions - Remedies not exclusive - Waiver of
Where this section sits in the code
- OK Code
- Title 71
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.
Collected 2026-09-14T18:32:36Z. Source file · JSON