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§ 641. Fraud--Penalty

Oklahoma Statutes AnnotatedTitle 71. Securities

Oklahoma Statutes Annotated
Title 71. Securities (Refs & Annos)
Chapter 2. Oklahoma Subdivided Land Sales Code
Article IV. Sales Practices
71 Okl.St.Ann. § 641
§ 641. Fraud--Penalty
It is unlawful for any subdivider, agent, or affiliate of either, in connection with the offer or disposition in this state of any subdivided land, directly or indirectly, to:
1. Employ any device, scheme or artifice to defraud;
2. Make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; or
3. Engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person.

Credits

Laws 1977, c. 95, § 641.
71 Okl. St. Ann. § 641, OK ST T. 71 § 641
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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