reglab/housing_qa huggingface dataset:
70 OK Stat § 70-6012 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-6012. Unauthorized loans and other transfers - Ceiling on tuition aid grants.

|A. Except as provided in subsection B of this section, the assets of the Trust shall be preserved, invested, and expended solely pursuant to and for the purposes set forth in the Oklahoma Tuition Trust Act and shall not be loaned or otherwise transferred or used by the state for any purpose other than the purposes of the Oklahoma Tuition Trust Act. This section shall not be construed to prohibit the Trust from investing in, by purchase or otherwise, bonds, notes, or other obligations of the state, an agency of the state, or an instrumentality of the state. |B. Not less than three percent (3%) nor more than ten percent (10%), as determined by the Regents, of the interest income generated by the investment of the assets of the Oklahoma College Tuition Trust Fund shall be used for the purpose of making tuition aid grants pursuant to the Oklahoma Higher Education Tuition Aid Act.Added by Laws 1988, c. 261, § 13, emerg. eff. June 29, 1988.
70 OK Stat § 70-6013 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-6013. Construction of act and contracts entered into pursuant thereto.

|Nothing in the Oklahoma Tuition Trust Act or in an advance tuition payment contract entered into pursuant to the Oklahoma Tuition Trust Act shall be construed as a promise or guarantee by the Trust or the state that a person will be admitted to an institution of higher education or to a particular institution of higher education, will be allowed to continue to attend an institution of higher education after having been admitted, or will be graduated from an institution of higher education. |Added by Laws 1988, c. 261, § 14, emerg. eff. June 29, 1988.
70 OK Stat § 70-6014 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-6014. Tax exemptions and deductions - Sale or transfer of advance tuition contracts.

|A. The property of the Trust and its income and operation shall be exempt from all taxation by this state or any of its political subdivisions. |B. The purchaser may deduct from taxable income the amount of payment made under an advance tuition payment contract during the tax year.C. An advance tuition payment contract is not a security subject to regulation by the state. An advance tuition contract may not be sold or otherwise transferred by the purchaser or qualified beneficiary without the prior approval of the Regents.Added by Laws 1988, c. 261, § 15, emerg. eff. June 29, 1988.
70 OK Stat § 70-8003 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-8003. Center for the Study of Literacy - Responsibilities.

|It is the intent of the Legislature that the Center for the Study of Literacy located at Northeastern State University be responsible for: |1. Establishment of a clearinghouse for the exchange of information and sharing of ideas regarding successful literacy programs and opportunities for funding;2. In cooperation with the Department of Education and the Department of Libraries, provision of assistance for the writing of applications for grants related to literacy;3. Establishment of a statewide directory of literacy programs and related services, sorted by county and cross-referenced with support services, with the Clearinghouse for Literacy responsible for gathering, maintaining and disseminating the referral directory; and4. Establishment and operation of a toll-free statewide literacy services referral system, as funds become available.Added by Laws 1992, c. 393, § 1, eff. July 1, 1992. Amended by Laws 2000, c. 296, § 1, emerg. eff. June 5, 2000.
70 OK Stat § 70-8005 (2021)
2021 Oklahoma Statutes|Title 70. Schools|§70-8005. Adult Literacy Services Advisory Committee - Members.

|A. The Adult Literacy Services Advisory Committee shall be composed of fifteen (15) members: |1. The Governor shall appoint two members who are executives of business or industry;2. The Speaker of the House of Representatives shall appoint one member to serve as cochair of the Committee who is a member of the House of Representatives and one member who is a volunteer of a local literacy program;3. The President Pro Tempore of the Senate shall appoint one member to serve as cochair of the Committee who is a member of the Senate and one member who is a volunteer of a local literacy program;4. The State Superintendent of Public Instruction shall appoint two members who work with a local adult basic education program and one member who is employed in the Lifelong Learning Section of the State Department of Education;5. The Director of the Oklahoma Department of Libraries shall appoint one member who is employed in the Literacy Resource Office of the Department of Libraries;6. The Executive Director of the Oklahoma Educational Television Authority shall appoint one member;7. The Director of the Center for the Study of Literacy at Northeastern State University shall appoint one member;8. The Director of the Oklahoma Department of Career and Technology Education shall appoint one member who is employed by the Oklahoma Department of Career and Technology Education and who works in adult education;9. The Director of the Oklahoma Department of Human Services shall appoint one member who is employed by the Department and is knowledgeable about adult literacy and education needs; and10. One member who serves as President of the Oklahoma Literacy Coalition, Incorporated.B. The Committee cochairs shall convene an organizational meeting no later than August 31, 2000, at which time the Committee may adopt rules governing its operation and elect other officers to serve the Committee. The presence of seven members of the Committee shall constitute a quorum.C. Appointed members shall serve at the pleasure of the appointing authority.D. Nonlegislative members of the Committee shall be reimbursed by the appointing authority for travel expenses incurred in the performance of their duties pursuant to the State Travel Reimbursement Act.E. Legislative members of the Committee shall be reimbursed by their appointing authorities for necessary travel expenses incurred in the performance of their duties in accordance with Section 456 of Title 74 of the Oklahoma Statutes.Added by Laws 2000, c. 296, § 3, emerg. eff. June 5, 2000. Amended by Laws 2001, c. 33, § 162, eff. July 1, 2001.
71 OK Stat § 71-1-101 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-101. Short title.

|This act shall be known and may be cited as the "Oklahoma Uniform Securities Act of 2004". |Added by Laws 2003, c. 347, § 1, eff. July 1, 2004.
71 OK Stat § 71-1-103 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-103. References to federal statutes.

|"Securities Act of 1933" (15 U.S.C. Section 77a et seq.), "Securities Exchange Act of 1934" (15 U.S.C. Section 78a et seq.), "Public Utility Holding Company Act of 1935"(15 U.S.C. Section 79 et seq.), "Investment Company Act of 1940" (15 U.S.C. Section 80a-1 et seq.), "Investment Advisers Act of 1940" (15 U.S.C. Section 80b-1 et seq.), "Employee Retirement Income Security Act of 1974" (29 U.S.C. Section 1001 et seq.), "National Housing Act" (12 U.S.C. Section 1701 et seq.), "Commodity Exchange Act" (7 U.S.C. Section 1 et seq.), "Internal Revenue Code" (26 U.S.C. Section 1 et seq.), "Securities Investor Protection Act of 1970" (15 U.S.C. Section 78aaa et seq.), "Securities Litigation Uniform Standards Act of 1998" (112 Stat. 3227), "Small Business Investment Act of 1958" (15 U.S.C. Section 661 et seq.), and "Electronic Signatures in Global and National Commerce Act" (15 U.S.C. Section 7001 et seq.) mean those statutes and the rules and regulations adopted under those statutes, as in effect on the date of enactment of this act, or as later amended. |Added by Laws 2003, c. 347, § 3, eff. July 1, 2004.
71 OK Stat § 71-1-104 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-104. References to federal agencies.

|A reference in this act to an agency or department of the United States is also a reference to a successor agency or department. |Added by Laws 2003, c. 347, § 4, eff. July 1, 2004.
71 OK Stat § 71-1-105 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-105. Electronic records and signatures.

|This Act modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act, but does not modify, limit, or supersede Section 101(c) of that act (15 U.S.C. Section 7001(c)) or authorize electronic delivery of any of the notices described in Section 103(b) of that act (15 U.S.C. Section 7003(b)). This Act authorizes the filing of records and signatures, when specified by provisions of this act or by a rule adopted or order issued under this act, in a manner consistent with Section 104(a) of that act (15 U.S.C. Section 7004(a)). |Added by Laws 2003, c. 347, § 5, eff. July 1, 2004.
71 OK Stat § 71-1-203 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-203. Additional exemptions and waivers.

|A rule adopted or order issued under this act may exempt a security, transaction, or offer; a rule under this act may exempt a class of securities, transactions, or offers from any or all of the requirements of Sections 10 and 32 of this act; and an order under this act may waive, in whole or in part, any or all of the conditions for an exemption or offer under Sections 6 and 7 of this act. |Added by Laws 2003, c. 347, § 8, eff. July 1, 2004.
71 OK Stat § 71-1-204 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-204. Denial, suspension of application, revocation, condition, or limitation of exemptions.

|A. Except with respect to a federal covered security or a transaction involving a federal covered security, an order under this act may deny, suspend application of, condition, limit, or revoke an exemption created under subparagraph c or d of paragraph 3 of Section 6 of this act, or paragraph 7 or 8 of Section 6 of this act or Section 7 of this act or an exemption or waiver created under Section 8 of this act with respect to a specific security, transaction, or offer. An order under this section may be issued only pursuant to the procedures in subsection D of Section 15 or Section 42 of this act and only prospectively. |B. A person does not violate Section 10, 32 or 38 of this act by an offer to sell, offer to purchase, sale, or purchase effected after the entry of an order issued under this section if the person did not know, and in the exercise of reasonable care could not have known, of the order.Added by Laws 2003, c. 347, § 9, eff. July 1, 2004.
71 OK Stat § 71-1-301 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-301. Securities registration requirement.

|It is unlawful for a person to offer or sell a security in this state unless: |1. The security is a federal covered security;2. The security, transaction, or offer is exempted from registration under Sections 6 through 8 of this act; or3. The security is registered under this act.Added by Laws 2003, c. 347, § 10, eff. July 1, 2004.
71 OK Stat § 71-1-302 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-302. Federal covered security – Notice filing.

|A. With respect to a federal covered security, as defined in Section 18(b)(2) of the Securities Act of 1933, 15 U.S.C. Section 77r(b)(2), that is not otherwise exempt under Sections 1-201 through 1-203 of this title, the issuer shall file a notice with the Administrator prior to an offer in this state. A separate notice shall be filed for each class of an issuer's securities offered in this state. Each notice shall be for an indefinite amount of securities. A notice, or renewal thereof, shall be accompanied by the filing fee set forth in Section 1-612 of this title. The Administrator may, by rule or order, prescribe notice filing and renewal requirements, and the requirements for filing of reports of the dollar amount of securities sold or offered to be sold to persons located in this state. |B. A notice filing under subsection A of this section is effective for one (1) year commencing on the later of the notice filing or the effectiveness of the offering filed with the Securities and Exchange Commission. On or before expiration, the issuer may renew a notice filing by filing a copy of those records filed by the issuer with the Securities and Exchange Commission that are required by rule or order under this act to be filed and by paying a renewal fee as provided in Section 1-612 of this title. A previously filed consent to service of process complying with Section 1-611 of this title may be incorporated by reference in a renewal. A renewed notice filing becomes effective upon the expiration of the filing being renewed.C. 1. With respect to a security that is a federal covered security under Section 18(b)(4)(E) of the Securities Act of 1933, 15 U.S.C. Section 77r(b)(4)(E), a rule under this act may require a notice filing by or on behalf of an issuer as allowed by applicable federal law.2. With respect to a security that is a federal covered security under Section 18(b)(3) or Section 18(b)(4)(D)(ii) of the Securities Act of 1933, 15 U.S.C. Sections 77r(b)(3) and 77r(b)(4)(D)(ii), a rule under this act may require a notice filing by or on behalf of an issuer as allowed by applicable federal law.D. Except with respect to a federal covered security under Section 18(b)(1) of the Securities Act of 1933, 15 U.S.C. Section 77r(b)(1), if the Administrator finds that there is a failure to comply with a notice or fee requirement of this section, the Administrator may issue a stop order suspending the offer and sale of a federal covered security in this state. If the deficiency is corrected, the stop order is void as of the time of its issuance and no penalty may be imposed by the Administrator.Added by Laws 2003, c. 347, § 11, eff. July 1, 2004. Amended by Laws 2016, c. 107, § 1, eff. Nov. 1, 2016.
71 OK Stat § 71-1-307 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-307. Waiver or modification.

|The Administrator may waive or modify, in whole or in part, any or all of the requirements of Sections 11, 12, and subsection B of Section 13 of this act or the requirement of any information or record in a registration statement or in a periodic report filed pursuant to subsection I of Section 14 of this act. |Added by Laws 2003, c. 347, § 16, eff. July 1, 2004.
71 OK Stat § 71-1-405 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-405. Federal covered investment adviser registration requirement and exemptions.

|A. Except with respect to a federal covered investment adviser described in subsection B of this section, it is unlawful for a federal covered investment adviser to transact business in this state as a federal covered investment adviser unless the federal covered investment adviser complies with subsection C of this section. |B. The following federal covered investment advisers are not required to comply with subsection C of this section:1. A federal covered investment adviser without a place of business in this state if its only clients in this state are:a.federal covered investment advisers, investment advisers registered under this act, and broker-dealers registered under this act,b.institutional investors,c.bona fide preexisting clients whose principal places of residence are not in this state, ord.other clients specified by rule adopted or order issued under this act;2. A federal covered investment adviser without a place of business in this state if the person has had, during the preceding twelve (12) months, not more than five clients that are residents in this state in addition to those specified under paragraph 1 of this subsection; and3. Any other person excluded by rule adopted or order issued under this act.C. A person acting as a federal covered investment adviser, not excluded under subsection B of this section, shall file a notice containing a consent to service of process complying with Section 49 of this act, such records as have been filed with the Securities and Exchange Commission under the Investment Advisers Act of 1940 required by rule or order under this act, and the fee specified in Section 50 of this act.D. The notice under subsection C of this section becomes effective upon its filing and expires at midnight on December 31 each year.Added by Laws 2003, c. 347, § 22, eff. July 1, 2004.
71 OK Stat § 71-1-406 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-406. Registration application - Time of becoming effective.

|A. A person shall register as a broker-dealer, agent, investment adviser, or investment adviser representative by filing an application that contains: |1. The information required for the filing of a uniform application, a consent to service of process complying with Section 49 of this act, the fee specified in Section 50 of this act and any reasonable fees charged by the designee of the Administrator for processing the filing; and2. Upon request by the Administrator, any other financial or other information that the Administrator determines is appropriate.B. If the information contained in an application that is filed under subsection A of this section is or becomes inaccurate or incomplete in any material respect, the registrant shall promptly file a correcting amendment.C. If an order is not in effect and a proceeding is not pending under Section 28 of this act, registration becomes effective at noon on the 45th day after a completed application is filed unless the registration is denied. A rule adopted or order issued under this act may set an earlier effective date or may defer the effective date until noon on the 45th day after the filing of any amendment completing the application.D. A registration is effective until midnight on December 31 of the year for which the application for registration is filed. Unless an order is in effect under Section 28 of this act, a registration may be automatically renewed each year by filing such records as are required by rule adopted or order issued under this act, by paying the fee specified in Section 50 of this act, and by paying costs charged by the designee of the Administrator for processing the filings.E. A rule adopted or order issued under this act may impose such other conditions not inconsistent with the National Securities Markets Improvement Act of 1996. An order issued under this act may waive, in whole or in part, specific requirements in connection with registration as are in the public interest and for the protection of investors.Added by Laws 2003, c. 347, § 23, eff. July 1, 2004.
71 OK Stat § 71-1-407 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-407. Succession and change in registration of broker-dealer or investment adviser.

|A. A broker-dealer or investment adviser may succeed to the current registration of another broker-dealer or investment adviser or a notice filing of a federal covered investment adviser, and a federal covered investment adviser may succeed to the current registration of an investment adviser or notice filing of another federal covered investment adviser, by filing as a successor an application for registration pursuant to Section 18 or 20 of this act, or a notice pursuant to Section 22 of this act, for the unexpired portion of the current registration or notice filing. |B. A broker-dealer or investment adviser that changes its form of organization or state of incorporation or organization may continue its registration by filing an amendment to its registration if the change does not involve a material change in its financial condition or management. The amendment becomes effective when filed or upon a date designated by the registrant in its filing. The new organization is a successor to the original registrant for the purposes of this act. If there is a material change in financial condition or management, the broker-dealer or investment adviser shall file a new application for registration. Any predecessor registered under this act shall stop conducting its securities business other than winding down transactions and shall file for withdrawal of broker-dealer or investment adviser registration within forty-five (45) days after filing its amendment to effect succession.C. A broker-dealer or investment adviser that changes its name may continue its registration by filing an amendment to its registration. The amendment becomes effective when filed or upon a date designated by the registrant.D. A change of control of a broker-dealer or investment adviser may be made in accordance with a rule adopted or order issued under this act.Added by Laws 2003, c. 347, § 24, eff. July 1, 2004.
71 OK Stat § 71-1-409 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-409. Withdrawal of registration of broker-dealer, agent, investment adviser, and investment adviser representative.

|Withdrawal of registration by a broker-dealer, agent, investment adviser, or investment adviser representative becomes effective sixty (60) days after the filing of the application to withdraw or within any shorter period as provided by rule adopted or order issued under this act unless a revocation or suspension proceeding is pending when the application is filed. If a proceeding is pending, withdrawal becomes effective when and upon such conditions as required by rule adopted or order issued under this act. The Administrator may institute a revocation or suspension proceeding under Section 28 of this act within one year after the withdrawal became effective automatically and issue a revocation or suspension order as of the last date on which registration was effective if a proceeding is not pending when the application is filed. |Added by Laws 2003, c. 347, § 26, eff. July 1, 2004.
71 OK Stat § 71-1-501 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-501. General fraud.

|It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly: |1. To employ a device, scheme, or artifice to defraud;2. To make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances under which it is made, not misleading; or3. To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.Added by Laws 2003, c. 347, § 29, eff. July 1, 2004.
71 OK Stat § 71-1-502 (2021)
2021 Oklahoma Statutes|Title 71. Securities|§71-1-502. Prohibited conduct in providing investment advice.

|A. It is unlawful for a person that advises others, for compensation, either directly or indirectly, or through publications or writings, as to the value of securities or the advisability of investing in, purchasing or selling securities, or that, for compensation and as part of a regular business, issues or promulgates analyses or reports concerning securities: |1. To employ a device, scheme, or artifice to defraud another person;2. To make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances under which it is made, not misleading; or3. To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.B. 1. A rule adopted under this act may define an act, practice, or course of business of an investment adviser or an investment adviser representative as fraudulent, deceptive or manipulative, and prescribe means reasonably designed to prevent investment advisers and investment adviser representatives from engaging in acts, practices, and courses of business defined as fraudulent, deceptive, or manipulative.2. A rule adopted or order issued under this act may specify the contents of an investment advisory contract entered into, extended, or renewed by an investment adviser.Added by Laws 2003, c. 347, § 30, eff. July 1, 2004.