Oklahoma § 71-819 Fraud or deceit unlawful.

Oklahoma Statutes

§ 71-819 — Fraud or deceit unlawful.

Oklahoma § 71-819

Title 71Securities

This text of Oklahoma § 71-819 (Fraud or deceit unlawful.) 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, § 71-819 (2026).

Text

It is unlawful and shall be deemed a Class C2 felony offense for any person, in connection with the offer or sale of any business opportunity in this state, directly or indirectly: 1. To employ any device, scheme or artifice to defraud; 2. To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or 3. To engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person.

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It is unlawful and shall be deemed a Class C2 felony offense for any person, in connection with the offer or sale of any business opportunity in this state, directly or indirectly: 1. To employ any device, scheme or artifice to defraud; 2. To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or 3. To engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person.