2019 Oklahoma Statutes
Title 71. Securities
§71-641. Fraud - Penalty.

Universal Citation: 71 OK Stat § 71-641 (2019)

It is unlawful for any subdivider, agent, or affiliate of either, in connection with the offer or disposition in this state of any subdivided land, directly or indirectly, to:

1. Employ any device, scheme or artifice to defraud;

2. Make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; or

3. 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 1977, c. 95, § 641.

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