{"data":{"id":"us-ok/okla.-stat.-tit.-71-71-1-407","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 71, § 71-1-407","heading":"Succession and change in registration of broker-dealer","body":"or investment adviser.\n\nA. A broker-dealer or investment adviser may succeed to the\n\ncurrent registration of another broker-dealer or investment adviser\n\nor a notice filing of a federal covered investment adviser, and a\n\nfederal covered investment adviser may succeed to the current\n\nregistration of an investment adviser or notice filing of another\n\nfederal covered investment adviser, by filing as a successor an\n\napplication for registration pursuant to Section 1-401 or 1-403 of\n\nthis title, or a notice pursuant to Section 1-405 of this title, for\n\nthe unexpired portion of the current registration or notice filing.\n\nB. A broker-dealer or investment adviser that changes its form\n\nof organization or state of incorporation or organization may\n\ncontinue its registration by filing an amendment to its registration\n\nif the change does not involve a material change in its financial\n\ncondition or management. The amendment becomes effective when filed\n\nor upon a date designated by the registrant in its filing. The new\n\norganization is a successor to the original registrant for the\n\npurposes of this act. If there is a material change in financial\n\ncondition or management, the broker-dealer or investment adviser\n\nshall file a new application for registration. Any predecessor\n\nregistered under this act shall stop conducting its securities\n\nbusiness other than winding down transactions and shall file for\n\nwithdrawal of broker-dealer or investment adviser registration\n\nwithin forty-five (45) days after filing its amendment to effect\n\nsuccession.\n\nC. A broker-dealer or investment adviser that changes its name\n\nmay continue its registration by filing an amendment to its\n\nregistration. The amendment becomes effective when filed or upon a\n\ndate designated by the registrant.\n\nD. A change of control of a broker-dealer or investment adviser\n\nmay be made in accordance with a rule adopted or order issued under\n\nthis act.","path":["OK Code","Title 71"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os71.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"77a4f9e2e14ed2cca9d3534583efeddc7dea7cf60ac7550dcf067dcc16ad6253","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-71-71-1-406","next":"us-ok/okla.-stat.-tit.-71-71-1-408"},"notice":"GroundRules: Original legal text. Not legal advice."}