It is unlawful and shall be deemed a Class C2 felony offense for any person to make or cause to be made, in any document filed with the Administrator or in any proceeding pursuant to the Oklahoma Business Opportunity Sales Act any statement which is, at the time and in the light of the circumstances under which it is made, false or misleading in any material respect or, in connection with such statement, to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading.
Okla. Stat. tit. 71, § 820
False or misleading statements unlawful
Known as the Oklahoma Business Opportunity Sales Act
The act spans §§ 71–71 (29 sections).
Added by Laws 1985, c. 157, § 20, eff
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.