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OK SB444
Bill
Status
2/7/2011
Primary Sponsor
Rick Brinkley
Click for details
AI Summary
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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.
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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.
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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.
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Declares no grandfathering or exemptions allowed for business names already using the prohibited words; continued use after the 180-day compliance period constitutes violations.
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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