{"data":{"id":"us-ok/okla.-stat.-tit.-15-15-245a.3","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 15, § 15-245A.3","heading":"Good cause","body":"A. This section will only apply to single-line dealer\n\nagreements.\n\nB. No supplier may terminate a dealer agreement without good\n\ncause. For purposes of this section and Section 8 of this act only,\n\n“good cause” means failure by a dealer to comply with requirements\n\nimposed upon the dealer by the dealer agreement if such requirements\n\nare not different from those imposed on other similarly situated\n\ndealers. In addition, good cause exists whenever:\n\n1. There has been a closeout or sale of a substantial part of\n\nthe dealer’s assets related to the equipment business, or there has\n\nbeen a commencement of a dissolution or liquidation of the dealer;\n\n2. The dealer has changed its principal place of business or\n\nadded additional locations without prior approval of the supplier,\n\nwhich shall not be unreasonably withheld;\n\n3. The dealer has substantially defaulted under a chattel\n\nmortgage or other security agreement between the dealer and the\n\nsupplier, or there has been a revocation or discontinuance of a\n\nguarantee of a present or future obligation of the dealer to the\n\nsupplier;\n\n4. The dealer has failed to operate in the normal course of\n\nbusiness for seven (7) consecutive days or has otherwise abandoned\n\nits business;\n\n5. The dealer has pleaded guilty to or has been convicted of a\n\nfelony affecting the relationship between the dealer and the\n\nsupplier; or\n\n6. The dealer transfers an interest in the dealership, or a\n\nperson with a substantial interest in the ownership or control of\n\nthe dealership, including an individual proprietor, partner or major\n\nshareholder, withdraws from the dealership or dies, or a substantial\n\nreduction occurs in the interest of a partner or major shareholder\n\nin the dealership; provided, however, good cause does not exist if\n\nthe supplier consents to an action described in this paragraph.\n\nC. Except as otherwise provided in this subsection, a supplier\n\nshall provide a dealer with at least ninety (90) days written notice\n\nof termination. The notice must state all reasons constituting good\n\ncause for such termination and must state that the dealer has sixty\n\n(60) days in which to cure any claimed deficiency. If the\n\ndeficiency is rectified within sixty (60) days, the notice will be\n\nvoid. Notwithstanding the foregoing, if the good cause for\n\ntermination is due to the dealer’s failure to meet or maintain the\n\nsupplier’s requirements for market penetration, a reasonable period\n\nof time shall have existed where the supplier has worked with the\n\ndealer to gain the desired market share. The notice and right to\n\ncure provisions under this paragraph shall not apply if the reason\n\nfor termination is for any reason set forth in paragraphs 1 through\n\n6 of subsection B of this section.","path":["OK Code","Title 15"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os15.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"7cc3500d58bb6ed73eef084a6d01801aa29e1b0d52bcd18bb566584221804ecb","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-15-15-245a.2","next":"us-ok/okla.-stat.-tit.-15-15-245a.4"},"notice":"GroundRules: Original legal text. Not legal advice."}
