Oklahoma § 74-5066.5 - Agreement to pay royalty fee
Full text of Oklahoma Oklahoma Statutes § 74-5066.5 — Agreement to pay royalty fee, with citation guidance and answers to common questions.
§ 74-5066.5. Agreement to pay royalty fee
The Oklahoma Department of Commerce may enter into an agreement
with a potential licensor to receive a fee not to exceed an amount
equal to twenty percent (20%) of all royalties from any product
Oklahoma Statutes - Title 74. State Government
commercialized under the product development program for the life of
the license.
Added by Laws 1992, c. 246, § 6, emerg. eff. May 21, 1992.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-5066.5
What does Oklahoma Statutes § 74-5066.5 cover?
Section 74-5066.5 ("Agreement to pay royalty fee") 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 § 74-5066.5?
A common citation format is "Oklahoma Statutes § 74-5066.5" (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 § 74-5066.5 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.