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Okla. Stat. tit. 63, § 4040

Brokers prohibited - Exception

Known as the Oklahoma Vessel and Motor Registration Act

The act spans §§ 63–63 (49 sections).

Added by Laws 1989, c. 346, § 40, eff

A. It shall be unlawful to be a broker. B. For the purposes of this section, "broker" means a person who, for a fee, commission or other valuable consideration, arranges or offers to arrange a transaction involving the sale, for purposes other than resale, of a new or used vessel or new or used motor, and who is not:

1. A new or used vessel or new or used motor dealer or agent or employee of such a dealer; or 2. A distributor or an agent or employee of such a distributor. However, an individual shall not be deemed to be a broker if the individual is the owner of the new or used vessel or new or used motor which is the object of the brokering transaction.

Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.