Okla. Stat. tit. 61 § 224

Current through Laws 2024, c. 378.
Section 224 - Payment of subcontractor or sub-contractor or supplier - Time limit
A. If a subcontractor or material supplier has performed in accordance with the provisions of a construction contract, the prime contractor shall make payment to the subcontractor or material supplier no later than ten (10) calendar days after the prime contractor receives its corresponding payment for the work performed.
B. If a sub-subcontractor or material supplier has performed in accordance with the provisions of a construction contract, the subsubcontractor or material supplier shall be entitled to receive payment no later than seven (7) calendar days after subcontractor receives its corresponding payment for the work performed.

Okla. Stat. tit. 61, § 224

Added by Laws 2004 , SB 1561, c. 256, § 4, eff. 11/1/2004; Renumbered from 15 O.S. § 624by Laws 2005 , SB 1001, c. 92, § 6, eff. 11/1/2005.