reglab/housing_qa huggingface dataset:
71 OK Stat § 71-817 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-817. Document filed when received by Administrator - Register of applications and orders - Disclosure - Interpretive opinions.

|A. A document is filed when it is received by the Administrator. |B. The Administrator shall keep a register of all applications for registration pursuant to the Oklahoma Business Opportunity Sales Act and all orders which have been entered under the act. The register and all such orders may be maintained in computer form or any other form of data storage and shall be open for public inspection.C. The information contained in or filed with or subsequent to any application for registration filed pursuant to this title, or any report filed with the Administrator may be made available to the public under such rules as the Administrator may prescribe. Litigation files and investigatory files and reports shall be kept confidential. If an investigatory file is created as a result of a complaint, grievance or inquiry, the complaint, grievance or inquiry shall be a part of such investigatory file and the existence of the complaint, grievance or inquiry and the matters and documents contained therein shall not be disclosed except pursuant to this title. A settlement agreement may, upon determination of the Administrator, remain part of the investigatory file and may be used against the person or entity involved only if the person or entity involved violates the terms of the settlement agreement. The Administrator may disclose any information obtained in connection with an investigation pursuant to this title for the purpose of a civil or administrative action brought by the Administrator, or a criminal referral. The Administrator may disclose such information to a law enforcement agency or another governmental or regulatory entity so long as the receiving entity represents in writing that under applicable law protections exist to preserve the integrity, confidentiality, and security of the information.D. The Administrator in his or her discretion may honor written requests from interested persons for interpretive opinions or may issue determinations that the Administrator will not institute enforcement proceedings against certain specified persons for engaging in certain specified activities where the determination is consistent with the purposes fairly intended by the policy and provisions of this act upon the payment of a fee as set forth in Section 829 of this title.Added by Laws 1985, c. 157, § 17, eff. Nov. 1, 1985. Amended by Laws 1989, c. 150, § 14, operative July 1, 1989; Laws 1992, c. 169, § 7, eff. Sept. 1, 1992; Laws 1997, c. 279, § 29, eff. July 1, 1997; Laws 1999, c. 109, § 21, eff. July 1, 1999.
71 OK Stat § 71-819 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-819. Fraud or deceit unlawful.

|It is unlawful for any person, in connection with the offer or sale of any business opportunity in this state, directly or indirectly: |1. To employ any device, scheme or artifice to defraud;2. To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading;or3. To engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person.Added by Laws 1985, c. 157, § 19, eff. Nov. 1, 1985.
71 OK Stat § 71-820 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-820. False or misleading statements unlawful.

|It is unlawful for any person to make or cause to be made, in any document filed with the Administrator or in any proceeding pursuant to the Oklahoma Business Opportunity Sales Act any statement which is, at the time and in the light of the circumstances under which it is made, false or misleading in any material respect or, in connection with such statement, to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading. |Added by Laws 1985, c. 157, § 20, eff. Nov. 1, 1985.
71 OK Stat § 71-821 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-821. Conclusiveness of filed document.

|Neither the fact that an application for registration has been filed nor the fact that a business opportunity is effectively registered constitutes a finding by the Administrator that any document filed pursuant to the Oklahoma Business Opportunity Sales Act is true, complete and not misleading. Neither any such fact nor the fact that an exemption or exception is available for a business opportunity means that the Administrator has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person or business opportunity. It is unlawful to make, or cause to be made, to any purchaser or prospective purchaser any representation inconsistent with the provisions of this section. |Added by Laws 1985, c. 157, § 21, eff. Nov. 1, 1985.
71 OK Stat § 71-822 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-822. Misleading advertising unlawful.

|It is unlawful for any person, in connection with the offer or sale of any business opportunity in this state, to publish, circulate or use any advertising which contains an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading. |Added by Laws 1985, c. 157, § 22, eff. Nov. 1, 1985.
71 OK Stat § 71-823 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-823. Violations - Penalty - Criminal prosecutions.

|A. Any person who willfully violates Section 806, subsection A of Section 808, subsection A of Section 809, Sections 811, 819, 821 or 822 of this title or who willfully violates any rule under the act or who willfully violates any order of which the person has notice, or who violates Section 820 of this title knowing that the statement made was false or misleading in any material respect, shall be guilty of a felony and may upon conviction be fined not more than Ten Thousand Dollars ($10,000.00) or imprisoned not more than ten (10) years, or both, for each offense. Each of the acts specified shall constitute a separate offense and a prosecution or conviction for any one of such offenses shall not bar prosecution or conviction for any other offense. |B. The Administrator may refer such evidence as may be available concerning violations of the Oklahoma Business Opportunity Sales Act or any rule or order hereunder to the Attorney General of the State of Oklahoma or the district attorney for the county where a violation occurred, who may, with or without such a reference, institute the appropriate criminal proceedings under the act. The Attorney General or district attorney may designate and appoint one or more lawyers of the Department as special assistants available for the purpose of assisting in or conducting all criminal prosecutions arising by reason of proceedings under this section.C. Nothing in the Oklahoma Business Opportunity Sales Act limits the power of the state to punish any person for any conduct which constitutes a crime under any other statute.Added by Laws 1985, c. 157, § 23, eff. Nov. 1, 1985. Amended by Laws 1991, c. 79, § 6, eff. Sept. 1, 1991; Laws 1997, c. 133, § 582, eff. July 1, 1999; Laws 1999, 1st Ex.Sess., c. 5, § 422, eff. July 1, 1999.NOTE: Laws 1998, 1st Ex.Sess., c. 2, § 23 amended the effective date of Laws 1997, c. 133, § 582 from July 1, 1998, to July 1, 1999.
71 OK Stat § 71-824 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-824. Violations - Civil actions.

|A. Any person who violates Section 6, subsection A of Section 8, subsection A of Section 9 or Section 11 of the Oklahoma Business Opportunity Sales Act, is liable to the purchaser who may sue either at law or in equity for rescission, for recovery of all money and other valuable consideration paid for the business opportunity and for actual damages, together with interest at the legal rate from the date of sale, reasonable attorney's fees and court costs. |B. Any person who violates Sections 19, 21 or 22 of the Oklahoma Business Opportunity Sales Act is liable to the purchaser who may sue either at law or in equity for rescission, for recovery of all money or other valuable consideration paid for the business opportunity and for actual damages, together with interest at the legal rate from the date of sale, reasonable attorney's fees and court costs.Added by Laws 1985, c. 157, § 24, eff. Nov. 1, 1985.
71 OK Stat § 71-825 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-825. Aiding and abetting violation.

|Any person who controls or materially aids a person liable under Sections 22 or 23 of this act shall be liable jointly and severally with and to the same extent as the person committing the violation. |Added by Laws 1985, c. 157, § 25, eff. Nov. 1, 1985.
71 OK Stat § 71-826 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-826. Limitation of actions - Remedies not exclusive - Waiver of compliance, duty or liability void.

|A. No action shall be maintained under subsection A of Section 24 of this act unless commenced before the expiration of three (3) years after the act or transaction constituting the sale. No action shall be maintained under subsection B of Section 24 of this act unless commenced before the expiration of two (2) years after the untruth or omission was, or in the exercise of reasonable care should have been, discovered, or such longer term of limitation as may be otherwise provided by law. |B. The rights and remedies under the Oklahoma Business Opportunity Sales Act are in addition to any other rights or remedies that may exist at law or in equity.C. Any condition, stipulation or provision binding any purchaser of a business opportunity to waive compliance with or relieving a person from any duty or liability imposed by or any right provided by the Oklahoma Business Opportunity Sales Act or any rule or order issued pursuant to the act is void.Added by Laws 1985, c. 157, § 26, eff. Nov. 1, 1985.
71 OK Stat § 71-827 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-827. Construction of act.

|The Oklahoma Business Opportunity Sales Act shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it. |Added by Laws 1985, c. 157, § 27, eff. Nov. 1, 1985.
71 OK Stat § 71-828 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-828. Oklahoma Securities Act - Application.

|All of the administrative procedures applicable to investigations and proceedings conducted pursuant to the Oklahoma Securities Act which are not in conflict with the provisions of this act shall apply to any offer and/or sale of a business opportunity in this state. |Added by Laws 1991, c. 79, § 7, eff. Sept. 1, 1991.
71 OK Stat § 71-829 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-829. Fees and charges - Deposits.

|A. Unless otherwise provided for by law, the following shall be the fees charged pursuant to the provisions of the Oklahoma Business Opportunity Sales Act. Once paid, the fees shall be nonrefundable. |1. Registration filing fee$250.002. Registration renewal fee$150.003. Review of sales literature or advertising package$ 50.004. Sales report filing fee$ 50.005. Interpretive opinion or no-action request$250.006. Request for order of exemption$250.00B. All fees and other charges collected by the Administrator shall be deposited in the General Revenue Fund, except for the fees deposited in the Oklahoma Department of Securities Revolving Fund. The fees deposited in the Oklahoma Department of Securities Revolving Fund shall be the fees set forth in paragraphs 3, 5, and 6 of subsection A of this section.Added by Laws 1999, c. 109, § 23, eff. July 1, 1999.
71 OK Stat § 71-901 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-901. Short title.

|This act shall be known and may be cited as the "Oklahoma Uniform TOD Security Registration Act". |Added by Laws 1994, c. 208, § 1, eff. Sept. 1, 1994.
71 OK Stat § 71-902 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-902. Definitions.

|As used in the Oklahoma Uniform TOD Security Registration Act, unless the context otherwise requires: |1. "Beneficiary form" means a registration of a security which indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner;2. "Devisee" means any person designated in a will to receive a disposition of real or personal property;3. "Heirs" means those persons, including the surviving spouse, who are entitled under the statutes of intestate succession to the property of a decedent;4. "Person" means an individual, a corporation, a limited liability company, an organization, or other legal entity;5. "Personal representative" includes executor, administrator, successor personal representative, special administrator, and persons who perform substantially the same function under the law governing their status;6. "Property" includes both real and personal property or any interest therein and means anything that may be the subject of ownership;7. "Register", including its derivatives, means:a.to issue a certificate showing the ownership of a certificated security,b.in the case of an uncertificated security, to initiate or transfer an account showing ownership of securities, orc.in the case of a certificated or uncertificated security titled in the name of a registering entity or its nominee on behalf of one or more beneficial owners, to initiate or transfer an account showing beneficial ownership of securities;8. "Registering entity" means a person who originates or transfers a security title by registration, and includes a broker or a bank maintaining security accounts for customers and a transfer agent or other person acting for or as an issuer of securities;9. "Security" means a share, participation, or other interest in property, in a business, or in an obligation of an enterprise or other issuer, and includes a certificated security, an uncertificated security, and a security account;10. "Security account" means:a.a reinvestment account associated with a security, a securities account with a broker or a bank, a cash balance in a brokerage account, cash, interest, earnings, or dividends earned or declared on a security in an account, a reinvestment account, or a brokerage account, whether or not credited to the account before the owner's death, orb.a cash balance or other property held for or due to the owner of a security as a replacement for or product of an account security, whether or not credited to the account before the owner's death; and11. "State" includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States.Added by Laws 1994, c. 208, § 2, eff. Sept. 1, 1994. Amended by Laws 1994, c. 313, § 8, eff. Sept. 1, 1994.
71 OK Stat § 71-903 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-903. Rules governing registration in beneficiary form.

|Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common. |Added by Laws 1994, c. 208, § 3, eff. Sept. 1, 1994.
71 OK Stat § 71-904 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-904. Applicable law.

|A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization of the issuer or registering entity, the location of the registering entity's principal office, the office of its transfer agent or its office making the registration, or by this or a similar statute of the law of the state listed as the owner's address at the time of registration. A registration governed by the law of a jurisdiction in which this or similar legislation is not in force or was not in force when a registration in beneficiary form was made is nevertheless presumed to be valid and authorized as a matter of contract law. |Added by Laws 1994, c. 208, § 4, eff. Sept. 1, 1994.
71 OK Stat § 71-905 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-905. Origination of registration in beneficiary form.

|A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners. |Added by Laws 1994, c. 208, § 5, eff. Sept. 1, 1994.
71 OK Stat § 71-906 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-906. Form of registration.

|Registration in beneficiary form may be shown by the words "transfer on death" or the abbreviation "TOD", or by the words "pay on death" or the abbreviation "POD", after the name of the registered owner and before the name of a beneficiary. |Added by Laws 1994, c. 208, § 6, eff. Sept. 1, 1994.
71 OK Stat § 71-907 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-907. Effect of registration.

|The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary. The designation of a TOD beneficiary on a registration in beneficiary form shall be subject to the provisions of Section 178 of Title 15 of the Oklahoma Statutes. |Added by Laws 1994, c. 208, § 7, eff. Sept. 1, 1994.
71 OK Stat § 71-908 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-908. Ownership on death - Rights of creditors.

|A. On death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary form passes to the beneficiary or beneficiaries who survive all owners. On proof of death of all owners and compliance with any applicable requirements of the registering entity, a security registered in beneficiary form may be reregistered in the name of the beneficiary or beneficiaries who survived the death of all owners. Until division of the security after the death of all owners, multiple beneficiaries surviving the death of all owners hold their interests as tenants in common. |B. If no beneficiary survives the death of all owners, the security belongs to the estate of the deceased sole owner or the estate of the last to die of all multiple owners. A beneficiary fails to survive if the beneficiary is treated as having predeceased an owner by operation of Section 178 of Title 15 of the Oklahoma Statutes.C. 1. A registration in beneficiary form is not effective against an estate of a deceased sole owner or a deceased last to die of multiple owners to transfer to a beneficiary or beneficiaries sums needed to pay debts, taxes, and expenses of administration, including statutory allowances to the surviving spouse, minor children, and dependent children, if other assets of the estate are insufficient. A TOD beneficiary in whose name a security is registered after the death of the owner is liable to account to the deceased owner's personal representative for securities so registered or their proceeds to the extent necessary to discharge such claims and charges remaining unpaid after the application of the assets of the decedent's estate. A proceeding to assert this liability may not be commenced unless the personal representative has received a written demand by a surviving spouse, a creditor, or one acting for a minor dependent child of the decedent, and a proceeding may not be commenced later than two (2) years following the death of the decedent. A beneficiary against whom the proceeding is brought may elect to transfer to the personal representative the security registered in the name of the beneficiary after the death of the deceased owner if the beneficiary still owns the security, or the net proceeds received by the beneficiary upon disposition of the security by the beneficiary, and that transfer fully discharges the beneficiary from all liability under this subsection. Amounts or securities recovered by the personal representative must be administered as part of the deceased owner's estate.2. This subsection does not affect the right of a registering entity to register a security in the name of the beneficiary, or make a registering entity liable to the estate of a deceased owner, except for a reregistration after a registering entity has received written notice from any claimant to an interest in the security objecting to implementation of a registration in beneficiary form.Added by Laws 1994, c. 208, § 8, eff. Sept. 1, 1994.
71 OK Stat § 71-909 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-909. Protections for registering entity.

|A. A registering entity is not required to offer or to accept a request for security registration in beneficiary form. If a registration in beneficiary form is offered by a registering entity, the owner requesting registration in beneficiary form assents to the protections given to the registering entity by this act. |B. By accepting a request for registration of a security in beneficiary form, the registering entity agrees that the registration will be implemented on death of the owner as provided in this act.C. 1. A registering entity is discharged from all claims to a security by the estate, creditors, heirs, or devisees of a deceased owner if it registers a transfer of the security in accordance with Section 7 of this act and does so in good faith reliance on:a.the registration,b.this act, andc.information provided to it by affidavit of the personal representative of the deceased owner, or by the surviving beneficiary or by the surviving beneficiary's representatives, or other information available to the registering entity;2. The protections of this act do not extend to a reregistration or payment made after a registering entity has received written notice from any claimant to any interest in the security objecting to implementation of a registration in beneficiary form. No other notice or other information available to the registering entity affects its right to protection under this act.D. The protection provided by this act to the registering entity of a security does not affect the rights of beneficiaries in disputes between themselves and other claimants to ownership of the security transferred or its value or proceeds.Added by Laws 1994, c. 208, § 9, eff. Sept. 1, 1994.