Okla. Stat. tit. 71, § 71-1-303
This is the official text of Okla. Stat. tit. 71, § 71-1-303, 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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Securities registration by coordination
Official statutory text
A. A security for which a registration statement has been filed
under the Securities Act of 1933 in connection with the same
offering may be registered by coordination under this section.
B. A registration statement under this section must contain or
be accompanied by the following records in addition to the
information specified in Section 1-305 of this title and a consent
to service of process complying with Section 1-611 of this title:
1. A copy of the latest form of prospectus filed under the
Securities Act of 1933;
2. A copy of the articles of incorporation and bylaws or their
substantial equivalents currently in effect; a copy of any agreement
with or among underwriters; a copy of any indenture or other
instrument governing the issuance of the security to be registered;
and a specimen, copy, or description of the security that is
required by rule adopted or order issued under this act;
3. Copies of any other information or any other records filed
by the issuer under the Securities Act of 1933 requested by the
Administrator; and
4. An undertaking to forward each amendment to the federal
prospectus, other than an amendment that delays the effective date
of the registration statement, promptly after it is filed with the
Securities and Exchange Commission and in any event not later than
the first business day after the day the amendment is forwarded to
or filed with the Securities and Exchange Commission, whichever
first occurs.
C. A registration statement under this section becomes
effective simultaneously with or subsequent to the federal
registration statement when all the following conditions are
satisfied:
1. A stop order under subsection D of this section or Section
1-306 of this title or issued by the Securities and Exchange
Commission is not in effect and a proceeding is not pending against
the issuer under Section 1-306 of this title; and
2. The registration statement has been on file for at least
twenty (20) days or a shorter period provided by rule adopted or
order issued under this act.
D. The registrant shall promptly notify the Administrator in a
record of the date when the federal registration statement becomes
effective and the content of any price amendment and shall promptly
file a record containing the price amendment. If the notice is not
timely received, the Administrator may issue a stop order, without
prior notice or hearing, retroactively denying effectiveness to the
Oklahoma Statutes - Title 71. Securities Page 29
registration statement or suspending its effectiveness until
compliance with this section. The Administrator shall promptly
notify the registrant of the order by telegram, telephone, or
electronic means and promptly confirm this notice by a record. If
the registrant subsequently complies with the notice requirements of
this section, the stop order is void as of the date of its issuance.
E. If the federal registration statement becomes effective
before each of the conditions in this section is satisfied or is
waived by the Administrator, the registration statement is
automatically effective under this act when all the conditions are
satisfied or waived. If the registrant notifies the Administrator
of the date when the federal registration statement is expected to
become effective, the Administrator shall promptly notify the
registrant by telegram, telephone, or electronic means and promptly
confirm this notice by a record, indicating whether all the
conditions are satisfied or waived and whether the Administrator
intends the institution of a proceeding under Section 1-306 of this
title. The notice by the Administrator does not preclude the
institution of such a proceeding.
under the Securities Act of 1933 in connection with the same
offering may be registered by coordination under this section.
B. A registration statement under this section must contain or
be accompanied by the following records in addition to the
information specified in Section 1-305 of this title and a consent
to service of process complying with Section 1-611 of this title:
1. A copy of the latest form of prospectus filed under the
Securities Act of 1933;
2. A copy of the articles of incorporation and bylaws or their
substantial equivalents currently in effect; a copy of any agreement
with or among underwriters; a copy of any indenture or other
instrument governing the issuance of the security to be registered;
and a specimen, copy, or description of the security that is
required by rule adopted or order issued under this act;
3. Copies of any other information or any other records filed
by the issuer under the Securities Act of 1933 requested by the
Administrator; and
4. An undertaking to forward each amendment to the federal
prospectus, other than an amendment that delays the effective date
of the registration statement, promptly after it is filed with the
Securities and Exchange Commission and in any event not later than
the first business day after the day the amendment is forwarded to
or filed with the Securities and Exchange Commission, whichever
first occurs.
C. A registration statement under this section becomes
effective simultaneously with or subsequent to the federal
registration statement when all the following conditions are
satisfied:
1. A stop order under subsection D of this section or Section
1-306 of this title or issued by the Securities and Exchange
Commission is not in effect and a proceeding is not pending against
the issuer under Section 1-306 of this title; and
2. The registration statement has been on file for at least
twenty (20) days or a shorter period provided by rule adopted or
order issued under this act.
D. The registrant shall promptly notify the Administrator in a
record of the date when the federal registration statement becomes
effective and the content of any price amendment and shall promptly
file a record containing the price amendment. If the notice is not
timely received, the Administrator may issue a stop order, without
prior notice or hearing, retroactively denying effectiveness to the
Oklahoma Statutes - Title 71. Securities Page 29
registration statement or suspending its effectiveness until
compliance with this section. The Administrator shall promptly
notify the registrant of the order by telegram, telephone, or
electronic means and promptly confirm this notice by a record. If
the registrant subsequently complies with the notice requirements of
this section, the stop order is void as of the date of its issuance.
E. If the federal registration statement becomes effective
before each of the conditions in this section is satisfied or is
waived by the Administrator, the registration statement is
automatically effective under this act when all the conditions are
satisfied or waived. If the registrant notifies the Administrator
of the date when the federal registration statement is expected to
become effective, the Administrator shall promptly notify the
registrant by telegram, telephone, or electronic means and promptly
confirm this notice by a record, indicating whether all the
conditions are satisfied or waived and whether the Administrator
intends the institution of a proceeding under Section 1-306 of this
title. The notice by the Administrator does not preclude the
institution of such a proceeding.
Status: in_force · Read it on the official government site
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