Oklahoma § 7-75 - Payments into set-aside fund - Reimbursement for initial

§ 7-75. Payments into set-aside fund - Reimbursement for initial

stock of merchandise.

A. Every vending facility operator shall be required to pay

monthly into the set-aside fund as provided for in the RandolphSheppard Act (20 U.S.C., Section 107.b(3)). The Department is

hereby authorized to fix the amount to be paid by such operator,

which amount shall be based upon the performance of the facility and

the ability of the operator to pay. The amount shall be on a

sliding scale of zero percent (0%) to not more than twelve percent

(12%) of the net proceeds of the vending facility during any one (1)

month, and shall be paid to the Department.

B. Any operator who is furnished an initial stock of

merchandise by the Department shall be required to reimburse the

Department for all amounts so expended. Such reimbursement shall be

payable in monthly installments of not less than two percent (2%)

nor more than five percent (5%) of the gross sales of the vending

facility during any one (1) month, until all amounts expended by the

Department for such purpose are repaid in full.

Added by Laws 1937, p. 56, § 6. Amended by Laws 1937, p. 56, § 1;

Laws 1978, c. 127, § 5, emerg. eff. March 31, 1978; Laws 1997, c.

89, § 6, emerg. eff. April 11, 1997; Laws 1998, c. 107, § 3, eff.

July 1, 1998.

Oklahoma Statutes - Title 7. Blind Persons