Oklahoma Statutes
§ 71-622 — Exemptions.
Oklahoma·Title 71 Securities
The following lands, lots, interests and evidences of indebtedness are exempt from Section 621 of this Code: 1. Subdivided land offered or disposed of by the United States, any state, political subdivision of the state or any agency or corporate or other instrumentality of one or more of the foregoing; 2. Cemetery lots or interests; 3. Subdivided lands in which there are fewer than twenty lots or parcels intended for sale or lease, whether immediate or future; 4. Lots on which there is a residential, commercial or industrial building, or as to which there is a legal obligation on the part of the seller to construct such building within two (2) years of the date of disposition; 5. Evidences of indebtedness secured by a real estate mortgage or deed of trust; and 6. Such interests in subdivid
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Legislative History
Added by Laws 1977, c. 95, § 622.
Nearby Sections
15
§ 71-1-101
Short title.§ 71-1-102
Definitions.§ 71-1-103
References to federal statutes.§ 71-1-104
References to federal agencies.§ 71-1-105
Electronic records and signatures.§ 71-1-201
Exempt securities.§ 71-1-202
Exempt transactions.§ 71-1-203
Additional exemptions and waivers.§ 71-1-301
Securities registration requirement.§ 71-1-303
Securities registration by coordination.§ 71-1-305
Registration filings.