Okla. Stat. tit. 71, § 71-622: Exemptions
Where this section sits in the code
- OK Code
- Title 71
The following lands, lots, interests and evidences of
indebtedness are exempt from Section 621 of this Code:
1. Subdivided land offered or disposed of by the United States,
any state, political subdivision of the state or any agency or
corporate or other instrumentality of one or more of the foregoing;
2. Cemetery lots or interests;
3. Subdivided lands in which there are fewer than twenty lots
or parcels intended for sale or lease, whether immediate or future;
4. Lots on which there is a residential, commercial or
industrial building, or as to which there is a legal obligation on
the part of the seller to construct such building within two (2)
years of the date of disposition;
5. Evidences of indebtedness secured by a real estate mortgage
or deed of trust; and
6. Such interests in subdivided lands as are regulated as
securities under the Oklahoma Securities Act, as provided by this
title, and the Administrator by rule or order exempts.
Collected 2026-09-14T18:32:36Z. Source file · JSON