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OK SB444

Bill

Status

Introduced

2/7/2011

Primary Sponsor

Rick Brinkley

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Adds new unlawful consumer practice to Oklahoma Consumer Protection Act prohibiting false advertising using words "wholesale" or "at cost" unless at least 75% of actual sales are to retail merchants for resale purposes.

  • Prohibits any business from using "wholesale" or "at cost" in its business name, advertising, or any manner designed to attract consumers that does not meet the 75% retail merchant sales threshold.

  • Provides existing businesses using prohibited words 90 days to obtain a new fictitious business name from Secretary of State and an additional 90 days to correct legal documents, signage, and other representations of the business name.

  • Declares no grandfathering or exemptions allowed for business names already using the prohibited words; continued use after the 180-day compliance period constitutes violations.

  • Becomes effective July 1, 2011, with emergency clause declaring the bill effective immediately upon passage and approval.

Legislative Description

Oklahoma Consumer Protection Act; prohibiting use of certain words in advertising or name; making exception. Codification. Effective date. Emergency.

Business and Labor

Last Action

Second Reading referred to Business and Commerce

2/8/2011

Committee Referrals

Business and Commerce2/8/2011

Full Bill Text

No bill text available