Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 660. Department of Securities |
Chapter 25. Oklahoma Business Opportunity Sales Act |
Subchapter 1. General Provisions |
SECTION 660:25-1-3. Definitions
Latest version.
- The following words and terms, when used in this Chapter or the Business Opportunity Act, shall have the following meaning, unless the context clearly indicates otherwise:"Business Opportunity Act" means the most recent codification of the Oklahoma Business Opportunity Sales Act in Title 71 of the Oklahoma Statutes."Sales literature and advertising" means material published in, or designed for use in, a newspaper, magazine, or other periodical, radio, television, telephone solicitation or tape recording, videotape display, signs, billboards, motion pictures, telephone directories (other than standard listings), other public media or any other written communication distributed or made generally available to customers or the public including but not limited to pamphlets, circulars, form letters, seminar texts, research reports, surveys, performance reports or summaries and reprints or excerpts of other sales literature or advertising to include publications in electronic format."Sales literature or advertising package" means all submissions to the Administrator under one posting or delivery relating to a specific business opportunity.