Oklahoma Statutes
§ 71-631 — License required - Exemption.
Oklahoma·Title 71 Securities
It is unlawful and shall be deemed a Class D3 felony offense for any person to transact business in this state as an agent unless the person has obtained a real estate broker's or real estate sales associate's license from this state, provided that the provisions of this section shall not apply to a person whose dealings relate solely to property exempt under Section 622 of this title or to transactions exempt under Section 623 of this title.
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Legislative History
Added by Laws 1977, c. 95, § 631. Amended by Laws 1988, c. 108, § 25, eff. Nov. 1, 1988; Laws 2022, c. 78, § 6, eff. Nov. 1, 2022; Laws 2025, c. 486, § 753, eff. Jan. 1, 2026.
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.