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Establish the particular exemption and state connections
The Act prohibits covered offers/sales without registration or exemption. Section 803(6) provides the stated business-opportunity/franchise route when the specified document is delivered fourteen calendar days before the earlier binding agreement or consideration (money or other value).
Section 802 has its own business-opportunity, franchise and marketing-plan definitions, including relevant account-finding/training promises. The registered-mark/net-worth exclusion has further conditions. Section 805 puts proof of exemption/exclusion/exception on its claimant.
Section 818 separately examines offer origin/receipt, acceptance, domicile (the legally relevant home connection) and operating location. An outside outlet or internet format does not establish a blanket result for discovery calls or campaigns.
Registration effectiveness and advertising remain distinct
Section 807 describes complete filing, effectiveness normally after fifteen full business days absent stated orders/proceedings, and one-year duration. An incomplete upload does not automatically become effective.
Sections 819–822 address fraud and misleading claims, including representing a filing as approval. A separate advertising-filing rule also needs attention: the actual agency compilation recovered is the version effective August 15, 2025. The newer 2026 compilation has not been read, so the following mechanism is qualified by that version limit.
The recovered rule requires a response before use
The 2025 text of rule 660:25-5-1 says sales literature and advertising must be filed with, and responded to by, the Administrator before use. It calls for the advertising package, a review fee and the seller’s attestation that the material is not materially false or misleading and matches its latest disclosure document on file. Sending material is not the same as receiving the required response.
The current legislative text authorises advertising filing under section 807(E) and lists a $50 package-review fee in section 829(A)(3), subject to the statute’s stated fee conditions. The recovered rule still cites section 807.F. These are the actual texts; this article does not silently rewrite that reference or claim the newer administrative version has been checked.
The definitions extend beyond brochures to the stated telephone, seminar, performance, reprint and electronic material. The disclosure document already filed under section 806 is exempt from this separate filing requirement. Anti-fraud content provisions still apply whether or not an advertisement must be filed; filed advertising is also subject to section 820. The rule prohibits references to the named Oklahoma securities authorities unless requested by the Administrator.
This establishes a real filing mechanism in the recovered version, not proof that every statutory exemption removes it. The current 2026 wording and the particular offer’s exemption must still be established before using a campaign timetable.
Scope
- Actual definitions, state connections and exemptions control. The current legislative authority and $50 package-review fee are read; the advertising mechanism is read in the 2025 compilation, and newer 2026 consolidated administrative wording remains unresolved.
Next step
Establish the exact offer exemption or complete registration route; for advertising, account for the recovered filing-and-response mechanism and resolve the newer version before relying on a campaign date.
Sources & review notes
Oklahoma Legislature
Passage, dates and research notes
primary · Sections 802–809, 818–822 and newly read 829; statutory sections control pagination
the burden of proving an exemption, an exception from a definition or an exclusion
The legislative PDF includes 2025 chapter 486 amendments effective January 1, 2026. Fresh November 14 retrieval has the same 450d52dd68f6b4953849770a79ba1e3a8cf03710d4fad0a6dff304fc76e08d1a body hash. Complete actual 807 and 829 additionally read: advertising authority is 807(E), fee $50 under 829(A)(3). The administrative mechanism is separately recovered in the 2025 compilation, which still literally cites 807.F; newer 2026 administrative text remains unverified.
Oklahoma Department of Securities
Passage, dates and research notes
primary · 2025 compilation, Chapter 25, printed pages 209–212, lines 5421–5501
filed with and responded to by the Administrator prior to use
Actual complete Chapter 25 read by reader. Hash is saved reader-response JSON, not original PDF bytes. Historical compilation labelled unofficial; corroborated by actual 2020 adopted text. Newer 2026 compilation not substantively retrieved.
Detailed rule records (3)
Section 803(6) exempts qualifying business-opportunity/franchise offers from §§806–811 when the specified disclosure document is delivered 14 calendar days before the earlier binding agreement or consideration. Other Act provisions remain separate.
Oklahoma Business Opportunity Sales Act, current Title 71Section 806 requires covered registration unless exempt. Under §807, complete registration normally becomes effective after 15 full business days absent the stated order or proceeding, subject to agency adjustments. Annual duration and renewal apply.
Oklahoma Business Opportunity Sales Act, current Title 71The actual 2025 compilation rule 660:25-5-1 requires sales literature/advertising to be filed with and responded to by the Administrator prior to use, with package, review fee and stated seller attestation. Its literal fee cross-reference is 807.F, whereas the actual current statute places advertising authority at 807(E) and the $50 package-review fee at 829(A)(3), subject to 829(A). The section 806 disclosure-document filing exception, 819/820 content duties and prohibited named-agency references remain separate. The newer 2026 administrative text and actual offer-specific exemption remain unresolved.
Oklahoma Business Opportunity Sales Act, current Title 71 Oklahoma securities rules — August 15, 2025 compilation, Chapter 25Keep this reading in your learning library.
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