Okla. Stat. tit. 71, § 71-665
This is the official text of Okla. Stat. tit. 71, § 71-665, 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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Dispositions and offers - Application of law - Acceptance
Official statutory text
A. The provisions of this Code concerning dispositions and
offers to dispose of subdivided land apply when a disposition or
offer to dispose is made in this state or when an offer to purchase
is made and accepted in this state. An offer to dispose includes
solicitation of an offer to purchase. The provisions concerning
purchases and offers to purchase apply when a purchase or offer to
purchase is made in this state or an offer to dispose is made and
accepted in this state.
B. For the purpose of this section, an offer to dispose or to
purchase subdivided land is made in this state, whether or not
either party is then present in this state, when the offer
originates from this state or is directed by the offeror to this
state and received by the offeree in this state, but, for the
purpose of Section 621 of this Code, an offer to dispose which is
not directed to or received by the offeree in this state is not made
in this state. An offer which is made to or accepted by a person
who has been induced to travel from this state for the purpose of
receiving the offer or making the acceptance shall be deemed to have
been made or accepted in this state.
C. For the purpose of this section, an offer to purchase or
dispose is accepted in this state when acceptance is communicated to
the offeror in this state. Acceptance is communicated to the
offeror in this state, whether or not either party is then present,
Oklahoma Statutes - Title 71. Securities Page 159
when the offeree directs the acceptance to the offeror in this state
reasonably believing the offeror to be in this state and the
acceptance is received by the offeror in this state.
D. An offer to dispose or to purchase subdivided land is not
made in this state when the publisher circulates or there is
circulated on his behalf in this state any bona fide newspaper or
other publication of general, regular and paid circulation which is
not published in this state, or when a radio or television program
originating outside this state is received in this state.
offers to dispose of subdivided land apply when a disposition or
offer to dispose is made in this state or when an offer to purchase
is made and accepted in this state. An offer to dispose includes
solicitation of an offer to purchase. The provisions concerning
purchases and offers to purchase apply when a purchase or offer to
purchase is made in this state or an offer to dispose is made and
accepted in this state.
B. For the purpose of this section, an offer to dispose or to
purchase subdivided land is made in this state, whether or not
either party is then present in this state, when the offer
originates from this state or is directed by the offeror to this
state and received by the offeree in this state, but, for the
purpose of Section 621 of this Code, an offer to dispose which is
not directed to or received by the offeree in this state is not made
in this state. An offer which is made to or accepted by a person
who has been induced to travel from this state for the purpose of
receiving the offer or making the acceptance shall be deemed to have
been made or accepted in this state.
C. For the purpose of this section, an offer to purchase or
dispose is accepted in this state when acceptance is communicated to
the offeror in this state. Acceptance is communicated to the
offeror in this state, whether or not either party is then present,
Oklahoma Statutes - Title 71. Securities Page 159
when the offeree directs the acceptance to the offeror in this state
reasonably believing the offeror to be in this state and the
acceptance is received by the offeror in this state.
D. An offer to dispose or to purchase subdivided land is not
made in this state when the publisher circulates or there is
circulated on his behalf in this state any bona fide newspaper or
other publication of general, regular and paid circulation which is
not published in this state, or when a radio or television program
originating outside this state is received in this state.
Status: in_force · Read it on the official government site
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