{"data":{"id":"us-ok/okla.-stat.-tit.-3-3-254.5","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 3, § 3-254.5","heading":"Private right of action - Damages - Applicability -","body":"Effect on multiple contracts - Dealer.\n\nA. Any dealer harmed by the failure of a manufacturer to comply\n\nwith Section 254.3 or 254.4 of this title shall be entitled to bring\n\na private right of action against the manufacturer for the recovery\n\nof the fair market value of the business affected and to recover\n\ntreble actual and special damages, and such other relief to which it\n\nmay be entitled at law or in equity. The dealer shall be entitled\n\nto recover its reasonable attorney fees and all expenses and costs\n\nincurred due to the private right of action if the dealer prevails.\n\nIn addition, if a manufacturer commits an act prohibited by Section\n\n254.3 or 254.4 of this title, the manufacturer shall purchase from\n\nthe affected dealer the following items at the following prices:\n\n1. All aircraft in the inventory of the dealer of aircraft held\n\nfor resale at the fair market value; and\n\n2. All parts and supplies acquired by the dealer from the\n\nmanufacturer which are in the inventory of the dealer at the time of\n\nthe violation of the manufacturer at the current price list amounts\n\nof the manufacturer; and\n\n3. All equipment and specialty tools owned by the dealer and\n\npurchased from the manufacturer for use in the sale, service, or\n\nmaintenance of the aircraft manufactured or sold to the dealer by\n\nthe manufacturer at the fair market value. If any items are\n\nencumbered or subject to any outstanding financing statement, the\n\npayments shall be made jointly to the dealer and the secured party\n\nto the extent of their respective interests. If any items are\n\nleased by the dealer, the manufacturer shall assume all future\n\nobligations under the lease.\n\nB. This section shall apply only to agreements between dealers\n\nand manufacturers in effect prior to July 1, 2007, and all\n\nrevisions, modifications, extensions, amendments and replacements of\n\nsuch agreements.\n\nC. If the relationship between a manufacturer and a dealer is\n\nset forth in more than one contract or agreement, then the revision,\n\nmodification, amendment, replacement, cancellation, termination, or\n\nfailure to renew of one or more such contracts or agreements shall\n\nnot deny the dealer a right of action under this section for any\n\nacts by the manufacturer relating to the remaining contracts.\n\nD. Any entity meeting the definition of “dealer” provided in\n\nparagraph 2 of Section 254.2 of this title shall continue to be\n\nconsidered a dealer for the purposes of this section and Sections\n\n254.3, 254.4 and 254.6 of this title notwithstanding that any such\n\nagreement or portion thereof is terminated, cancelled, or not\n\nrenewed by the manufacturer.","path":["OK Code","Title 3"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os3.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"cc54ce7ed13366f58a456066da11a2667b5c57b00833d0f3b853c01ceb4072b0","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-3-3-254.4","next":"us-ok/okla.-stat.-tit.-3-3-254.6"},"notice":"GroundRules: Original legal text. Not legal advice."}
