Okla. Stat. tit. 71, § 71-807
This is the official text of Okla. Stat. tit. 71, § 71-807, 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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Registration procedure
Official statutory text
A. In order to register a business opportunity, the seller
shall file with the Administrator a disclosure document prepared
pursuant to Section 808 of this title with the appropriate cover
sheet as required by Section 808 of this title, a consent to service
of process as specified in subsection B of this section, the
appropriate fee set forth in Section 829 of this title, and any
other information determined by the Administrator to be necessary.
B. Every seller shall file the consent to service of process
required by Section 818 of this title.
C. A registration automatically becomes effective upon the
expiration of fifteen (15) full business days after a complete
filing, provided that no order has been issued or that no proceeding
is pending pursuant to Section 810 of this title. The Administrator
may by order waive or reduce the time period prior to effectiveness,
provided that a complete filing has been made. The Administrator
may by order defer the effective date until the expiration of
fifteen (15) full business days after the filing of any amendment.
For purposes of this subsection, a filing shall be deemed complete
upon receipt by the Administrator of the items described in
subsections A and B of this section.
D. The registration is effective for one (1) year commencing on
the day of effectiveness and may be renewed annually upon the filing
of a current disclosure document accompanied by any documents or
information that the Administrator may by rule or order require. A
renewal fee as set forth in Section 829 of this title shall
accompany each request for renewal. Failure to renew upon the close
of the one-year period of effectiveness will result in expiration of
the registration. The Administrator may by rule or order require
the filing of a sales report and payment of a report filing fee as
set forth in Section 829 of this title.
E. The Administrator may by rule or order require the filing of
all proposed literature or advertising prior to its use and payment
of the review fee as set forth in Section 829 of this title for each
sales literature or advertising package.
shall file with the Administrator a disclosure document prepared
pursuant to Section 808 of this title with the appropriate cover
sheet as required by Section 808 of this title, a consent to service
of process as specified in subsection B of this section, the
appropriate fee set forth in Section 829 of this title, and any
other information determined by the Administrator to be necessary.
B. Every seller shall file the consent to service of process
required by Section 818 of this title.
C. A registration automatically becomes effective upon the
expiration of fifteen (15) full business days after a complete
filing, provided that no order has been issued or that no proceeding
is pending pursuant to Section 810 of this title. The Administrator
may by order waive or reduce the time period prior to effectiveness,
provided that a complete filing has been made. The Administrator
may by order defer the effective date until the expiration of
fifteen (15) full business days after the filing of any amendment.
For purposes of this subsection, a filing shall be deemed complete
upon receipt by the Administrator of the items described in
subsections A and B of this section.
D. The registration is effective for one (1) year commencing on
the day of effectiveness and may be renewed annually upon the filing
of a current disclosure document accompanied by any documents or
information that the Administrator may by rule or order require. A
renewal fee as set forth in Section 829 of this title shall
accompany each request for renewal. Failure to renew upon the close
of the one-year period of effectiveness will result in expiration of
the registration. The Administrator may by rule or order require
the filing of a sales report and payment of a report filing fee as
set forth in Section 829 of this title.
E. The Administrator may by rule or order require the filing of
all proposed literature or advertising prior to its use and payment
of the review fee as set forth in Section 829 of this title for each
sales literature or advertising package.
Status: in_force · Read it on the official government site
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