Okla. Admin. Code § 720:10-7-2

Current through Vol. 42, No. 8, January 2, 2025

Section 720:10-7-2 - Contract

(a) Assumption, acquisition, assignment or transfer of contracts currently in effect between the State Textbook Committee and persons, firms or corporations will be allowed during the period of the contract upon receipt by the Secretary of the State Textbook Committee of a replacement bond provided by the receiving company.

(b) It is required that a publisher notify the office of the Secretary of the State Textbook Committee of any and all price reductions, either temporary or permanent, of materials under contract with this state. Those price reductions then become permanent and replace the existing costs on the approved contracts. All price reductions are permanent until the contract expires or a substitution with a price increase is approved by the State Textbook Committee. Temporary sale prices are not permitted.

Okla. Admin. Code § 720:10-7-2

Added at 11 Ok Reg 707, eff 11-22-93 (emergency); Added at 11 Ok Reg 3553, eff 6-27-94

Amended by Oklahoma Register, Volume 39, Issue 24, September 1, 2022, eff. 9/11/2022