HB 1851
Contracts; Oklahoma Fair Renewal Act; automatic renewal contracts; notice; cancellation; effective date.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, the Oklahoma Fair Renewal Act, aims to protect consumers from potentially hidden or difficult-to-cancel automatic renewal contracts. It requires companies offering these contracts to clearly disclose renewal terms, provide a simple cancellation process, and give advance notice of any material changes to the contract. The bill also establishes a mechanism for consumers to easily cancel these agreements and clarifies that violating the act constitutes an unlawful business practice.
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