HB 1486 Summary

• Establishes Oklahoma's public policy recognizing the right to contract freely while protecting rights and privileges under the U.S. and Oklahoma Constitutions

• Defines "foreign law" as any law, rule, legal code, or system from jurisdictions outside the United States, including international organizations and tribunals

• Declares that any court, arbitration tribunal, or administrative agency ruling or decision is void and unenforceable if based on foreign law that would not grant the same fundamental liberties, rights, and privileges as the U.S. and Oklahoma Constitutions

• Effective date: November 1, 2013