Oklahoma § 63-4038 - Designated successor of deceased or incapacitated new
Full text of Oklahoma Oklahoma Statutes § 63-4038 — Designated successor of deceased or incapacitated new, with citation guidance and answers to common questions.
§ 63-4038. Designated successor of deceased or incapacitated new
vessel dealer - Continuation of existing dealer agreement - Refusal
to honor succession - Notice.
A. A designated successor of a deceased or incapacitated new
vessel dealer may succeed the dealer in the ownership or operation
of the dealership under the existing dealer agreement, if the
designated successor gives the manufacturer or distributor written
notice of his intention to succeed to the dealership within sixty
(60) days after the dealer's death or incapacity and agrees to be
bound by all of the terms and conditions of the dealer agreement. A
Oklahoma Statutes - Title 63. Public Health and Safety
manufacturer or distributor may refuse to honor the existing dealer
agreement with the designated successor for good cause or criteria
agreed to in the existing dealer agreement, and may require the
designated successor to supply personal and financial data necessary
to determine whether the existing dealer agreement should be
honored.
B. Within sixty (60) days after receiving the notice of the
designated successor's intent to succeed the dealer in the ownership
and operation of the dealership or within sixty (60) days after
receiving the requested personal and financial data, whichever last
occurs, if a manufacturer or distributor believes that good cause or
other criteria exists for refusing to honor the succession, the
manufacturer or distributor may serve upon the designated successor
notice of its refusal to approve the succession.
Added by Laws 1989, c. 346, § 38, emerg. eff. June 3, 1989.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 63-4038
What does Oklahoma Statutes § 63-4038 cover?
Section 63-4038 ("Designated successor of deceased or incapacitated new") 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 § 63-4038?
A common citation format is "Oklahoma Statutes § 63-4038" (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 § 63-4038 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.