Oklahoma § 3-254.3 - Fraud - False or misleading statements - Unfair business
Full text of Oklahoma Oklahoma Statutes § 3-254.3 — Fraud - False or misleading statements - Unfair business, with citation guidance and answers to common questions.
§ 3-254.3. Fraud - False or misleading statements - Unfair business
practices - Failure to comply with agreement.
Notwithstanding any contractual provision in any agreement to
the contrary, no manufacturer, in connection with the offer,
negotiation, sale, purchase, operation, or transfer of any license,
dealership, franchise, or other agreement relating to the sale or
service of aircraft or aircraft parts shall, directly or indirectly:
1. Employ any device, scheme, or artifice to defraud; or
2. Make any untrue statement of a material fact or omit to
state a material fact in order to make the statements made, in light
of the circumstances, not be false or misleading; or
3. Engage in any act, practice, or course of business which
operates as a fraud, an unfair trade practice, an anticompetitive
practice, or a predatory trade practice against the dealer; or
4. Fail to comply with or alter or change in any materially
adverse way the fundamental relationship between the manufacturer
and dealer without the prior written consent of the dealer,
including without limitation, making a material change in any
existing agreement in connection with its renewal; or
5. Act in any capricious or arbitrary manner with respect to
any material provision in any agreement.
Added by Laws 2004, c. 286, § 2, eff. Nov. 1, 2004. Amended by Laws
2005, c. 107, § 2, eff. Nov. 1, 2005; Laws 2008, c. 292, § 3, emerg.
eff. June 2, 2008.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 3-254.3
What does Oklahoma Statutes § 3-254.3 cover?
Section 3-254.3 ("Fraud - False or misleading statements - Unfair business") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 3-254.3?
A common citation format is "Oklahoma Statutes § 3-254.3" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 3-254.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.