Okla. Stat. tit. 71, § 71-1-302: Federal covered security – Notice filing

A. With respect to a federal covered security, as defined in

Section 18(b)(2) of the Securities Act of 1933, (15 U.S.C. Section

77r(b)(2)), that is not otherwise exempt under Sections 1-201

through 1-203 of this title, the issuer shall file a notice with the

Administrator prior to an offer in this state. A separate notice

shall be filed for each class of an issuer's securities offered in

this state. Each notice shall be for an indefinite amount of

securities. A notice, or renewal thereof, shall be accompanied by

the filing fee set forth in Section 1-612 of this title. The

Administrator may, by rule or order, prescribe notice filing and

renewal requirements, and the requirements for filing of reports of

the dollar amount of securities sold or offered to be sold to

persons located in this state.

B. A notice filing under subsection A of this section is

effective for one (1) year commencing on the later of the notice

filing or the effectiveness of the offering filed with the

Securities and Exchange Commission. On or before expiration, the

issuer may renew a notice filing by filing a copy of those records

filed by the issuer with the Securities and Exchange Commission that

are required by rule or order under this act to be filed and by

paying a renewal fee as provided in Section 1-612 of this title. A

previously filed consent to service of process complying with

Section 1-611 of this title may be incorporated by reference in a

renewal. A renewed notice filing becomes effective upon the

expiration of the filing being renewed.

C. 1. With respect to a security that is a federal covered

security under Section 18(b)(4)(F) of the Securities Act of 1933,

(15 U.S.C. Section 77r(b)(4)(F)), a notice filing is required and

shall be accompanied by the payment of the fee set forth in Section

1-612 of this title. The Administrator shall designate the content

and timing of the notice filing by rule.

2. With respect to a security that is a federal covered

security under Section 18(b)(4)(D)(ii) of the Securities Act of

1933, (15 U.S.C. Section 77r(b)(4)(D)(ii)), a notice filing is

required and shall be accompanied by the payment of the fee set

forth in Section 1-612 of this title. The Administrator shall

designate the content and timing of the notice filing by rule.

D. Except with respect to a federal covered security under

Section 18(b)(1) of the Securities Act of 1933, (15 U.S.C. Section

77r(b)(1)), if the Administrator finds that there is a failure to

comply with a notice or fee requirement of this section, the

Administrator may issue a stop order suspending the offer and sale

of a federal covered security in this state. If the deficiency is

corrected, the stop order is void as of the time of its issuance and

no penalty may be imposed by the Administrator.