The Oklahoma Fair Renewal Act establishes regulations for automatic renewal contracts, requiring clear and conspicuous disclosures regarding the terms of such contracts. Key provisions include the necessity for businesses to present automatic renewal offer terms before contract execution, provide written acknowledgment of these terms, and ensure a straightforward cancellation mechanism for consumers. The act mandates that if there are material changes to the contract, consumers must be notified clearly, along with information on how to cancel the contract. Additionally, businesses must inform consumers that contracts will automatically renew unless canceled, with specific timelines for notification prior to renewal.

Certain exceptions apply, as the act does not cover services provided under specific regulatory frameworks, such as those governed by the Federal Communications Commission or the Oklahoma Corporation Commission. Violations of the act are classified as unlawful business practices and are enforceable by the Attorney General and district attorneys. The act is set to take effect on November 1, 2025.