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

Okla. Stat. tit. 71, § 71-826: Limitation of actions - Remedies not exclusive - Waiver of

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

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