Oklahoma § 15-799A.3 - Online marketplaces – High-volume seller information

§ 15-799A.3. Online marketplaces – High-volume seller information

required.

A. Online marketplaces shall require that any high-volume

third-party seller on the online marketplace's platform provide the

online marketplace with the following information no later than ten

(10) calendar days after qualifying as a high-volume third-party

seller on the platform:

1. A bank account number, or, if the high-volume third-party

seller does not have a bank account, the name of the payee for

payments issued by the online marketplace to the high-volume thirdparty seller. Such bank account or payee information may be

provided by the seller either:

a.

to the online marketplace, or

b.

to other third parties contracted by the online

marketplace to maintain such information, provided

that the online marketplace ensures that it can obtain

such information on demand from such other third

parties;

2. Contact information including:

a.

if the high-volume third-party seller is an

individual, the individual's name, or

b.

if the high-volume third-party seller is not an

individual, one of the following forms of contact

information:

(1) a copy of a valid government-issued

identification for an individual acting on behalf

of such seller that includes the individual's

name, or

(2) a copy of a valid government-issued record or tax

document that includes the business name and

physical address of such seller;

3. A business tax identification number or, if the high-volume

third-party seller does not have a business tax identification

number, a taxpayer identification number; and

4. A current working email address and phone number for the

high-volume third-party seller.

B. An online marketplace shall:

1. Periodically, but not less than annually, notify any highvolume third-party seller on such online marketplace's platform of

the requirement to keep any information collected under subsection A

of this section current; and

2. Require any high-volume third-party seller on such online

marketplace's platform to, not later than ten (10) calendar days

after receiving the notice under paragraph 1 of this subsection,

electronically certify that:

Oklahoma Statutes - Title 15. Contracts

a.

the high-volume third-party seller has provided any

changes to such information to the online marketplace,

if such changes have occurred,

b.

there have been no changes to the high-volume thirdparty seller's information, or

c.

the high-volume third-party seller has provided any

changes to such information to the online marketplace.

C. In the event that a high-volume third-party seller does not

provide the information or certification required under this

paragraph, the online marketplace shall, after providing the seller

with written or electronic notice and an opportunity to provide such

information or certification not later than ten (10) calendar days

after the issuance of such notice, suspend any future sales activity

of such seller until such seller provides such information or

certification.

D. 1. The online marketplace shall:

a.

verify the information collected under subsection A of

this section not later than ten (10) calendar days

after such collection, and

b.

verify any change to such information not later than

ten (10) calendar days after being notified of such

change by a high-volume third-party seller under

subsection B of this section.

2. In the case of a high-volume third-party seller that

provides a copy of a valid government-issued tax document, any

information contained in such document shall be presumed to be

verified as of the date of issuance of such document.

E. Data collected solely to comply with the requirements of

this section may not be used for any other purpose unless required

by law.

F. An online marketplace shall implement and maintain

reasonable security procedures and practices including

administrative, physical, and technical safeguards, appropriate to

the nature of the data and the purposes for which the data will be

used, to protect the data collected to comply with the requirements

of this section from unauthorized use, disclosure, access,

destruction, or modification.

Added by Laws 2022, c. 378, § 3, eff. Jan. 1, 2023.