Oklahoma § 47-561 - Necessity for regulation - Legislative finding

§ 47-561. Necessity for regulation - Legislative finding

The Legislature finds and declares that the distribution and

sale of new motor vehicles and powersport vehicles in this state

vitally affects the general economy of the state and the public

interest and the public welfare, and that in order to promote the

public interest and the public welfare, and in the exercise of its

police powers, it is necessary to regulate and to license motor

vehicle manufacturers, factories, distributors, and their respective

representatives, new motor vehicle dealers, and powersport vehicle

dealers, and to register salespersons of new motor vehicles and

powersport vehicles doing business in Oklahoma, in order to prevent

Oklahoma Statutes - Title 47. Motor Vehicles

frauds, impositions and other abuses upon its citizens and to

protect and preserve the investments and properties of the citizens

of this state, and in order to avoid undue control of the

independent new motor vehicle dealer or powersport vehicle dealer by

the new motor vehicle or powersport vehicle manufacturing and

distributing organizations, and in order to foster and keep alive

vigorous and healthy competition by prohibiting unfair practices by

which fair and honest competition is destroyed or prevented, and to

protect the public against the creation or perpetuation of

monopolies and practices detrimental to the public welfare, to

prevent the practice of requiring the buying of special features,

appliances and equipment not desired or requested by the purchaser,

to prevent false and misleading advertising, to prevent unfair

practices by new motor vehicle dealers , powersports vehicle

dealers, manufacturers, factories, and distributing organizations,

to promote the public safety and prevent disruption of the franchise

or dealership system of distribution of new motor vehicles and

powersports vehicles to the public and prevent deterioration of

facilities for servicing new motor vehicles or powersport vehicles

and keeping the same safe and properly functioning, and prevent

bankrupting of new motor vehicle dealers and powersport dealers, who

might otherwise be caused to fail because of such unfair practices.

Added by Laws 1953, p. 179, § 1, emerg. eff. May 26, 1953. Amended

by Laws 1959, p. 205, § 1, emerg. eff. July 16, 1959; Laws 1969, c.

241, § 1, emerg. eff. April 21, 1969; Laws 1970, c. 197, § 1, emerg.

eff. April 13, 1970; Laws 1985, c. 229, § 3, eff. Nov. 1, 1985; Laws

2024, c. 240, § 1, eff. Nov. 1, 2024; Laws 2025, c. 448, § 1, eff.

Nov. 1, 2025.