Oklahoma § 74-2103 - Definitions

§ 74-2103. Definitions

As used in the Export Trading Company Act:

1. "Export trade" means trade or commerce in goods or services

produced in the United States which are exported, or in the course

of being exported, from the United States to any other country;

2. "Goods" include, but are not limited to, manufactured

products, natural resources, and agricultural products;

3. "Services" include, but are not limited to, accounting,

amusement, architectural, automatic data processing, business,

communications, construction, franchising and licensing, consulting,

engineering, financial, insurance, legal, management, repair,

tourism, training, and transportation services;

4. The term "export trade services" includes, but is not

limited to, consulting, international market research, advertising,

Oklahoma Statutes - Title 74. State Government

marketing, insurance, product research and design, legal assistance,

transportation, including trade documentation and freight

forwarding, communication and processing of foreign orders to and

for exporters and foreign purchasers, warehousing, foreign exchange,

and financing, when provided in order to facilitate the export of

goods or services produced in the United States;

5. "Export trading company" means a corporation, whether

operated for profit or as a nonprofit organization, which does

business under the laws of this state and which is organized and

operated principally for purposes of facilitating the export of

goods or services produced in the United States by unaffiliated

persons by providing one or more export trade services. Any company

with a significant portion of their business involving domestic

sales or services shall not be construed to be an export trading

company within the provisions of the Export Trading Company Act;

6. "Bank" means any bank authorized by the laws of this state

to engage in the banking business;

7. "Director" means the Director of the Oklahoma Department of

Commerce; and

8. "Commission" means the Oklahoma Tax Commission.

Added by Laws 1987, c. 214, § 3, eff. Nov. 1, 1987. Amended by Laws

1992, c. 313, § 2, emerg. eff. May 27, 1992.