Oklahoma § 71-1-506 Misrepresentations concerning registration or exemption.

Oklahoma Statutes

§ 71-1-506 — Misrepresentations concerning registration or exemption.

Oklahoma § 71-1-506

Title 71Securities

This text of Oklahoma § 71-1-506 (Misrepresentations concerning registration or exemption.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 71, § 71-1-506 (2026).

Text

The filing of an application for registration, a registration statement, or a notice filing under this act, or the registration of a person or security under this act, does not constitute a finding by the Administrator that a record filed under this act is true, complete, and not misleading. The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the Administrator has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction. It is unlawful and shall be deemed a Class C2 felony offense to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client, a representation inconsistent with this section.

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The filing of an application for registration, a registration statement, or a notice filing under this act, or the registration of a person or security under this act, does not constitute a finding by the Administrator that a record filed under this act is true, complete, and not misleading. The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the Administrator has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction. It is unlawful and shall be deemed a Class C2 felony offense to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client, a representation inconsistent with this section.