Oklahoma § 15-799A.2 - Definitions

§ 15-799A.2. Definitions

As used in the Oklahoma INFORM Act:

1. "Consumer product" means any tangible personal property

which is distributed in commerce and which is normally used for

personal, family, or household purposes including any such property

intended to be attached to or installed in any real property without

regard to whether it is so attached or installed;

2. "High-volume third-party seller" means a participant in an

online marketplace who is a third-party seller and who, in any

continuous twelve-month period during the previous twenty-four (24)

months, has entered into two hundred or more discrete sales or

transactions of new or unused consumer products and an aggregate

total of Five Thousand Dollars ($5,000.00) or more in gross

revenues. For purposes of calculating the number of discrete sales

Oklahoma Statutes - Title 15. Contracts

or transactions or the aggregate gross revenues, an online

marketplace shall only be required to count sales or transactions

made through the online marketplace and for which payment was

processed by the online marketplace, either directly or through its

payment processor;

3. "Online marketplace" means any person or entity that

operates a consumer-directed electronically based or accessed

platform that:

a.

includes features that allow for, facilitate, or

enable third-party sellers to engage in the sale,

purchase, payment, storage, shipping, or delivery of a

consumer product in this state,

b.

is used by one or more third-party sellers for such

purposes, and

c.

has a contractual or similar relationship with

consumers governing their use of the platform to

purchase consumer products;

4. "Seller" means a person who sells, offers to sell, or

contracts to sell a consumer product through an online marketplace's

platform;

5. "Third-party seller" means any seller, independent of an

online marketplace, who sells, offers to sell, or contracts to sell

a consumer product in this state through an online marketplace. The

term third-party seller does not include:

a.

a seller who operates the online marketplace's

platform, or

b.

a business entity that has:

(1) made available to the general public the entity's

name, business address, and working contact

information,

(2) an ongoing contractual relationship with the

online marketplace to provide the online

marketplace with the manufacture, distribution,

wholesaling, or fulfillment of shipments of

consumer products, and

(3) provided to the online marketplace identifying

information, as described in Section 3 of this

act, that has been verified in accordance with

that section; and

6. "Verify" means to confirm information provided to an online

marketplace pursuant to this act, and may include the use of one or

more methods that enable the online marketplace to reliably

determine that any information and documents provided are valid,

corresponding to the seller or an individual acting on the seller's

behalf, not misappropriated, and not falsified.

Added by Laws 2022, c. 378, § 2, eff. Jan. 1, 2023.

Oklahoma Statutes - Title 15. Contracts