SECTION 660:25-1-3. Definitions

  Unless the context otherwise requires, or unless defined in this Section, terms used in this Chapter, if defined in the Business Opportunity Act, shall have the meaning as defined in the Business Opportunity Act. The following words and terms, when used in this Chapter, 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.

[Source: Amended at 15 Ok Reg 3450, eff 7-15-98; Amended at 37 Ok Reg 2220, eff 11-1-20]