Okla. Stat. tit. 71, § 71-1-204
This is the official text of Okla. Stat. tit. 71, § 71-1-204, part of Oklahoma’s Stat. tit. 71, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 71,." Browse the sections below, each linked to its official government source.
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Denial, suspension of application, revocation,
Official statutory text
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 1-201 of this title, or paragraph 7 or 8 of Section 1-201
of this title or Section 1-202 of this title or an exemption or
waiver created under Section 1-203 of this title 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 1-306 or Section 1-604 of this title and only
prospectively.
B. A person does not violate Section 1-301, 1-504 or 1-510 of
this title 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.
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 1-201 of this title, or paragraph 7 or 8 of Section 1-201
of this title or Section 1-202 of this title or an exemption or
waiver created under Section 1-203 of this title 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 1-306 or Section 1-604 of this title and only
prospectively.
B. A person does not violate Section 1-301, 1-504 or 1-510 of
this title 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.
Status: in_force · Read it on the official government site
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