Oklahoma § 71-821 Conclusiveness of filed document.

Oklahoma Statutes

§ 71-821 — Conclusiveness of filed document.

Oklahoma § 71-821

Title 71Securities

This text of Oklahoma § 71-821 (Conclusiveness of filed document.) 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, § 71-821 (2026).

Text

Neither the fact that an application for registration has been filed nor the fact that a business opportunity is effectively registered constitutes a finding by the Administrator that any document filed pursuant to the Oklahoma Business Opportunity Sales Act is true, complete and not misleading. Neither any such fact nor the fact that an exemption or exception is available for a business opportunity means that the Administrator has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person or business opportunity. It is unlawful and shall be deemed a Class C2 felony offense to make, or cause to be made, to any purchaser or prospective purchaser any representation inconsistent with the provisions of this section.

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Neither the fact that an application for registration has been filed nor the fact that a business opportunity is effectively registered constitutes a finding by the Administrator that any document filed pursuant to the Oklahoma Business Opportunity Sales Act is true, complete and not misleading. Neither any such fact nor the fact that an exemption or exception is available for a business opportunity means that the Administrator has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person or business opportunity. It is unlawful and shall be deemed a Class C2 felony offense to make, or cause to be made, to any purchaser or prospective purchaser any representation inconsistent with the provisions of this section.