Home Table of Contents

§ 598.8. Determination of cost in case of sale outside ordinary channels of trade

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 14. Unfair Sales
15 Okl.St.Ann. § 598.8
§ 598.8. Determination of cost in case of sale outside ordinary channels of trade
In establishing the cost of merchandise to the retailer or wholesaler, the invoice cost of such merchandise purchased at a forced, bankrupt, closeout sale, or other sale outside of the ordinary channels of trade, may not be used as a basis for justifying a price lower than one based upon the replacement cost of the merchandise to the retailer or wholesaler, within thirty (30) days prior to the date of sale, in the quantity last purchased through the ordinary channels of trade.

Credits

Laws 1949, p. 106, § 8, emerg. eff. May 18, 1949.
15 Okl. St. Ann. § 598.8, OK ST T. 15 § 598.8
Current with emergency effective legislation through Chapter 319 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document