Oklahoma Statutes

§ 63-4040 — Brokers prohibited - Exception.

Oklahoma·Title 63 Public Health And Safety
A.It shall be unlawful to be a broker.
B.For the purposes of this section, "broker" means a person who, for a fee, commission or other valuable consideration, arranges or offers to arrange a transaction involving the sale, for purposes other than resale, of a new or used vessel or new or used motor, and who is not: 1. A new or used vessel or new or used motor dealer or agent or employee of such a dealer; or 2. A distributor or an agent or employee of such a distributor. However, an individual shall not be deemed to be a broker if the individual is the owner of the new or used vessel or new or used motor which is the object of the brokering transaction.

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Legislative History

Added by Laws 1989, c. 346, § 40, eff. Jan. 1, 1990. Amended by Laws 2003, c. 393, § 4, emerg. eff. June 4, 2003.

Nearby Sections

15
§ 63-1-1001.1
Short title.
§ 63-1-1001.3
Definitions.
§ 63-1-1001.4
Unlawful actions.
§ 63-1-1001.7
Permits.
§ 63-1-1001.8
Inspections.
§ 63-1-1002.1
Short title.
§ 63-1-1002.3
Fines.
§ 63-1-1002.4
Application of act.
§ 63-1-1008
Repealed
§ 63-1-1009
Renumbered
§ 63-1-101
Short title.
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