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Code · Oklahoma · Title 71 — Securities

§71-660. Summary prohibition of offers or dispositions.

139 words·~1 min read·/ok/title-71-securities/71-660

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If the Administrator has reason to believe that any offer or disposition of subdivided land required to be registered under this Code is or would be fraudulent to purchasers, the Administrator may by order summarily prohibit further offers or dispositions in this state of such land until it is registered under this Code. If the Administrator has reason to believe that any subdivided land is being offered or disposed of in this state by any person in violation of this Code or any rule or order hereunder, he or she may by order summarily prohibit such person from further offers or dispositions in this state of such subdivided lands until the person is licensed as required under this Code.
Added by Laws 1977, c. 95, § 660. Amended by Laws 2022, c. 78, § 11, eff. Nov. 1, 2022.
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