Oklahoma § 74-5064.3 - Definitions

Full text of Oklahoma Oklahoma Statutes § 74-5064.3 — Definitions, with citation guidance and answers to common questions.

§ 74-5064.3. Definitions

As used in Section 5064.1 et seq. of this title:

Oklahoma Statutes - Title 74. State Government

1. "Commercial stage" means the point at which the product has

advanced beyond the theoretical and prototype stage and is capable

of being manufactured or reduced to practice commercially;

2. "Inventor" means any person who perceives a new concept

which may result in a product or patentable process;

3. "Person" means any individual, sole proprietor, partnership

or corporation;

4. "Product" means any device, technique or process;

5. "Proposal" means a plan provided by the inventor which

includes technical and descriptive information on the concept; and

6. "Royalties" means all things of value received by an

inventor in connection with the licensing, rental or sale of a

product patented, in patent pending, or trademarked pursuant to

federal law.

Added by Laws 1987, c. 121, § 3, eff. Nov. 1, 1987. Amended by Laws

1988, c. 313, § 2, emerg. eff. July 1, 1988.

Frequently Asked Questions About Oklahoma § 74-5064.3

What does Oklahoma Statutes § 74-5064.3 cover?

Section 74-5064.3 ("Definitions") 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 § 74-5064.3?

A common citation format is "Oklahoma Statutes § 74-5064.3" (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 § 74-5064.3 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.