Sales Agreement - Equipment - Free Editor
EQUIPMENT PURCHASE AND SALE AGREEMENT
Governed by Oklahoma UCC Article 2 (12A Okl. Stat. Section 2-101 et seq.).
KEY PROVISIONS
- Late Payment: 6% per annum statutory rate (15 Okl. Stat. Section 266); parties may contract for higher
- Risk of Loss: 12A Okl. Stat. Section 2-509
- Inspection/Rejection: 12A Okl. Stat. Sections 2-513, 2-601, 2-602
- Warranties: 12A Okl. Stat. Sections 2-314, 2-315, 2-316
- Remedies: 12A Okl. Stat. Sections 2-706, 2-712, 2-718, 2-719
- Trade Secrets: Oklahoma UTSA (78 Okl. Stat. Section 85 et seq.)
- E-Signatures: Oklahoma UETA (12A Okl. Stat. Section 15-101 et seq.)
- Forum: District Court for Oklahoma County or Tulsa County
EXECUTION
☐ All placeholders completed ☐ Oklahoma-licensed counsel review
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