Oklahoma § 71-812 Administration of act - Use of disclosure of information.

Oklahoma Statutes

§ 71-812 — Administration of act - Use of disclosure of information.

Oklahoma·Title 71 Securities

A.The Oklahoma Business Opportunity Sales Act shall be administered by the Administrator.

B.It is unlawful and shall be deemed a Class C2 felony offense 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 Oklahoma Business Opportunity Sales Act authorizes the Administrator or any of the Administrator's officers or employees to disclose any such information except among themselves or when necessary or appropriate in a proceeding or investigation under the act or in cooperation with other law enforcement agencies. No provision of the Oklahoma Business Opportunity Sales Act either creates or derogates from any privilege which exists

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A. The Oklahoma Business Opportunity Sales Act shall be administered by the Administrator. B. It is unlawful and shall be deemed a Class C2 felony offense 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 Oklahoma Business Opportunity Sales Act authorizes the Administrator or any of the Administrator's officers or employees to disclose any such information except among themselves or when necessary or appropriate in a proceeding or investigation under the act or in cooperation with other law enforcement agencies. No provision of the Oklahoma Business Opportunity Sales Act either creates or derogates from any privilege which exists at common law or otherwise when documentary or other evidence is sought under a subpoena directed to the Administrator or any of the Administrator's officers or employees.

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