§71-911. Terms, conditions and form for registration.
A. A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive requests for registrations in beneficiary form, and for implementation of registrations in beneficiary form, including requests for cancellation of previously registered TOD beneficiary designations and requests for reregistration to effect a change of […]
§71-912. Construction.
A. The Oklahoma Uniform TOD Security Registration Act shall be liberally construed and applied to promote its underlying purposes and policy and to make uniform the laws with respect to the subject of this act among states enacting it. B. Unless displaced by the particular provisions of this act, the principles of law and equity […]
§71-913. Application.
The Oklahoma Uniform TOD Security Registration Act applies to registrations of securities in beneficiary form made before or after the effective date of this act by decedents dying on or after the effective date of this act. Added by Laws 1994, c. 208, § 13, eff. Sept. 1, 1994.
§71-812. Administration of act – Use of disclosure of information.
A. The Oklahoma Business Opportunity Sales Act shall be administered by the Administrator. B. It is unlawful for the Administrator or any of his or her officers or employees to use for personal benefit any information which is filed with or obtained by the Administrator and which is not made public. No provision of the […]
§71-828. Oklahoma Securities Act – Application.
All of the administrative procedures applicable to investigations and proceedings conducted pursuant to the Oklahoma Uniform Securities Act of 2004 which are not in conflict with the provisions of this title shall apply to any offer and/or sale of a business opportunity in this state. Added by Laws 1991, c. 79, § 7, eff. Sept. […]
§71-813. Investigations and proceedings – Powers and duties of Administrator.
A. The Administrator: 1. May make such public or private investigations within or outside of this state as the Administrator deems necessary to determine whether any person has violated or is about to violate any provision of the Oklahoma Business Opportunity Sales Act or any rule or order hereunder, or to aid in the enforcement […]
§71-829. Fees and charges – Deposits.
A. Unless otherwise provided for by law, the following shall be the fees charged pursuant to the provisions of the Oklahoma Business Opportunity Sales Act. Once paid, the fees shall be nonrefundable. 1. Registration filing fee$250.00 2. Registration renewal fee$150.00 3. Review of sales literature or advertising package$ 50.00 4. Sales report filing fee$ 50.00 […]
§71-814. Violation of act – Orders – Penalties.
A. Whenever it appears to the Administrator that any person has engaged in or is about to engage in any act or practice constituting a violation of any provision of the Oklahoma Business Opportunity Sales Act or any rule or order hereunder, the Administrator may: 1. Issue an order directing each person to cease and […]
§71-815. Review of orders.
A. Any person aggrieved by a final order of the Administrator may obtain a review by the Oklahoma Securities Commission by filing with the Oklahoma Securities Commission at the offices of the Department of Securities, within fifteen (15) days after the entry of the order, a written petition praying that the order be modified or […]
§71-816. Rules, forms and orders – Making, amending and rescinding.
A. The Administrator may make, amend and rescind rules, forms and orders as are necessary to carry out the provisions of the Oklahoma Business Opportunity Sales Act including rules and forms governing disclosure documents, applications and reports, and defining any terms, whether or not used in the Oklahoma Business Opportunity Sales Act insofar as the […]