§ 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 emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document |