§ 605. Exempted transfers
Oklahoma Statutes AnnotatedTitle 52. Oil and Gas
52 Okl.St.Ann. § 605
§ 605. Exempted transfers
The following transfers are exempted from the provisions of this act:
4. A transfer, as defined in subparagraph b of paragraph 4 of Section 3 of this act,1 where, after giving effect to the proposed transfer, the transferee would beneficially own less than ten percent (10%) of the ownership interest in the transferor;
Credits
Laws 1985, c. 2, § 5, emerg. eff. Feb. 13, 1985.
Footnotes
Title 52, § 603.
52 Okl. St. Ann. § 605, OK ST T. 52 § 605
Current with legislation of the First Regular Session of the 59th Legislature (2023) and the First Extraordinary Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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