Home Table of Contents

§ 12-502. Definitions

Oklahoma Statutes AnnotatedTitle 47. Motor Vehicles

Oklahoma Statutes Annotated
Title 47. Motor Vehicles (Refs & Annos)
Highway Safety Code
Chapter 12. Equipment of Vehicles (Refs & Annos)
Article V. Odometer Setting Act
47 Okl.St.Ann. § 12-502
§ 12-502. Definitions
Currentness
As used in the Odometer Setting Act:
1. “Odometer” means an instrument for measuring and recording the actual distance a motor vehicle travels while in operation; but shall not include any auxiliary odometer designed to be reset by the operator of the motor vehicle for the purpose of recording mileage for a limited purpose;
2. “Repair and replacement” means to restore to sound working condition by replacing the odometer or any part thereof or by correcting the inoperative part;
3. “Transfer” means to change ownership of a motor vehicle by purchase, sale or any other means wherein there is an exchange of monetary or equivalent compensation;
4. “Transferee” means any person to whom ownership of a motor vehicle is transferred by purchase or any other means wherein there is an exchange of monetary or equivalent compensation;
5. “Transferor” means any person who transfers his ownership in a motor vehicle by sale or any other means wherein there is an exchange of monetary or equivalent compensation; and
6. “True mileage driven” means the amount of mileage a motor vehicle has been driven as registered by the odometer within the designed tolerance of the manufacturer.

Credits

Laws 1982, c. 275, § 2.
47 Okl. St. Ann. § 12-502, OK ST T. 47 § 12-502
Current with emergency effective legislation through Chapter 347 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document