SB 377
Equipment contracts; modifying definitions; modifying certain prohibited actions; modifying certain consent requirements. Effective date.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
Senate Bill 377 updates the legal definitions and regulations surrounding equipment contracts in Oklahoma. It clarifies prohibited actions related to these contracts and adjusts the consent requirements needed for certain transactions. The bill also establishes an effective date for the changes. These modifications aim to provide greater clarity and protect consumers involved in equipment leasing and financing agreements.
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