SECTION 660:20-1-3. Definitions

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The following words and terms, when used in this Chapter, shall have the following meaning, unless the context clearly indicates otherwise:
"Department" means the Oklahoma Department of Securities.
"Land Sales Act" means the most recent codification of the Oklahoma Subdivided Land Sales Code, 71 O.S., Sections 601 through 667.
"OILSR" means the Office of Interstate Land Sales Registration of the United States Department of Housing and Urban Development.
"Vacation certificates" means any material associated with a plan whereby a prospective purchaser would be entitled to lodging, food or other amenities and that is used by subdividers or their agents or distributors or any other person to induce prospective purchasers to visit the subdivision or attend or submit to a sales presentation by a subdivider or its agents or its distributors or any other person.

                    
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