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§ 652. Definitions

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 17. Industrial Selling Act
15 Okl.St.Ann. § 652
§ 652. Definitions
Currentness
The following words, terms and phrases shall, except where the context clearly indicates a different meaning have, when used in this act, the following meanings:
(a) “Person”--Any individual, firm, partnership, corporation, or other organization;
(b) “Employer”--Any person for whom, under whose direction, or in whose interest others perform labor or service;
(c) “Sale or sell”--Any sale, contract of sale, offer of sale, or advertisement thereof;
(d) “Wholesale sale”--A wholesale sale is a sale for the purpose of resale in the ordinary course of business;
(e) “Retail sale”--Any sale other than a wholesale sale as herein defined;
(f) “Wholesaler”--A person, a substantial portion of whose sales are made to retailers for the purpose of resale to consumers;
(g) “Wholesale price”--The price normally paid by a retailer to a wholesaler for the purpose of resale to consumers at a profit.

Credits

Laws 1957, p. 86, § 2.
15 Okl. St. Ann. § 652, OK ST T. 15 § 652
Current with emergency effective legislation through Chapter 90 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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