2017 Oklahoma Statutes
Title 71. Securities
§71-819. Fraud or deceit unlawful.

Universal Citation: 71 OK Stat § 71-819 (2017)

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;or

3. 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.

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