Oklahoma § 3-254.2 - Definitions

§ 3-254.2. Definitions

As used in Sections 254.2 through 254.5 of this title:

1. “Agreement” means any written or oral contracts or

agreements between a dealer and a manufacturer that were in effect

prior to July 1, 2007, and all revisions, modifications, extensions,

amendments and replacements of such agreements, that grant the

dealer the right to sell new aircraft manufactured by the

manufacturer and either to sell aircraft parts or to perform

service, maintenance, or warranty work for the manufacturer;

2. “Dealer” means any entity that was incorporated or otherwise

doing business in this state prior to July 1, 2007, and that is a

dealer, licensee, franchisee, or other authorized representative of

an aircraft manufacturer which is authorized by an aircraft

manufacturer to sell new aircraft and either to sell parts or to

perform service, maintenance or warranty work for the aircraft

manufacturer. All successors and assigns of a dealer, together with

all persons who purchase assets, business or ownership of a dealer

shall also be considered dealers. With the exception of paragraph 3

of this section, the provisions of this section and Sections 254.3

through 254.5 of this title shall not apply to any entity authorized

to sell only new piston-powered aircraft manufactured or distributed

by a manufacturer, notwithstanding the authorization of that entity

to sell parts or to perform service, maintenance or warranty work

for the aircraft manufacturer;

3. “Manufacturer” means a manufacturer or distributor of new

aircraft; and

4. “New aircraft” means a newly manufactured aircraft in its

entirety.

Oklahoma Statutes - Title 3. Aircraft and Airports

Added by Laws 2004, c. 286, § 1, eff. Nov. 1, 2004. Amended by Laws

2005, c. 107, § 1, eff. Nov. 1, 2005; Laws 2007, c. 198, § 1, eff.

July 1, 2007; Laws 2008, c. 292, § 2, emerg. eff. June 2, 2008.