As used in the Odometer Setting Act: 1. 'Odometer' means an instrument for measuring and recording the actual distance a motor vehicle travels while in operation; but shall not include any auxiliary odometer designed to be reset by the operator of the motor vehicle for the purpose of recording mileage for a limited purpose;2. 'Repair and replacement' means to restore to sound working condition by replacing the odometer or any part thereof or by correcting the inoperative part;3. 'Transfer' means to change ownership of a motor vehicle by purchase, sale or any other means wherein there is an exchange of monetary or equivalent compensation;4. 'Transferee' means any person to whom ownership of a motor vehicle is transferred by purchase or any other means wherein there is an exchange of monetary or equivalent compensation;5. 'Transferor' means any person who transfers his ownership in a motor vehicle by sale or any other means wherein there is an exchange of monetary or equivalent compensation; and6. 'True mileage driven' means the amount of mileage a motor vehicle has been driven as registered by the odometer within the designed tolerance of the manufacturer.Added by Laws 1982, c. nsation; and6. 'True mileage driven' means the amount of mileage a motor vehicle has been driven as registered by the odometer within the designed tolerance of the manufacturer.Added by Laws 1982, c. 275, § 2.
Oklahoma Legal Code