§ 811. Minimum net worth requirement
Oklahoma Statutes AnnotatedTitle 71. SecuritiesEffective: November 1, 2022
Effective: November 1, 2022
71 Okl.St.Ann. § 811
§ 811. Minimum net worth requirement
In connection with the offer or sale of a business opportunity, no seller may make or use any of the representations set forth in divisions (4) and (5) of subparagraph a of paragraph 3 of Section 802 of this title unless the seller has at all times a minimum net worth of Fifty Thousand Dollars ($50,000.00) as determined in accordance with generally accepted accounting principles.
Credits
Laws 1985, c. 157, § 11, eff. Nov. 1, 1985; Laws 2022, c. 77, § 45, eff. Nov. 1, 2022.
71 Okl. St. Ann. § 811, OK ST T. 71 § 811
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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