Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 660. Department of Securities |
Chapter 25. Oklahoma Business Opportunity Sales Act |
Subchapter 3. Registration Requirements |
SECTION 660:25-3-2. Renewal of registration and sales reports
Latest version.
- (a) Renewal of registration. In addition to filing a current disclosure document, all sellers seeking renewal of a registration shall submit a report indicating the total number of purchasers in the state of Oklahoma and the total amount of consideration received therefrom since the effective date of the initial registration. The renewal fee specified in Section 807.E of the Business Opportunity Act shall accompany each request for renewal of registration.(b) Post-registration sales reports. All registrants shall submit sales reports to the Administrator. Each report shall be accompanied by the report filing fee specified in Section 807.E of the Business Opportunity Act and shall contain a statement of the total number of purchasers in the state of Oklahoma and the total amount of consideration received therefrom since the effective date of the initial registration. Said reports are due no later than six (6) months from the effective date of registration or the effective date of the renewal of a registration.