{"data":{"id":"us-ok/okla.-stat.-tit.-71-71-816","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 71, § 71-816","heading":"Rules, forms and orders - Making, amending and rescinding","body":"A. The Administrator may make, amend and rescind rules, forms\n\nand orders as are necessary to carry out the provisions of the\n\nOklahoma Business Opportunity Sales Act including rules and forms\n\ngoverning disclosure documents, applications and reports, and\n\ndefining any terms, whether or not used in the Oklahoma Business\n\nOpportunity Sales Act insofar as the definitions are not\n\ninconsistent with the provisions of the act. For the purpose of\n\nrules and forms, the Administrator may classify business\n\nopportunities, persons and matters within his or her jurisdiction,\n\nand prescribe different requirements for different classes.\n\nB. No rule, form or order may be made, amended or rescinded\n\nunless the Administrator finds that the action is necessary or\n\nappropriate in the public interest or for the protection of the\n\npurchaser. In prescribing rules and forms the Administrator may\n\ncooperate with the administrators of other jurisdictions with a view\n\nto effectuating the policy of the Oklahoma Business Opportunity\n\nSales Act to achieve maximum uniformity in the form and content of\n\ndisclosure statements, applications, and reports whenever\n\npracticable.\n\nC. No provision of the Oklahoma Business Opportunity Sales Act\n\nimposing any liability applies to any act done or omitted in good\n\nfaith in conformity with any rule, form or order of the\n\nAdministrator, notwithstanding that the rule, form or order may\n\nlater be amended or rescinded or be determined by judicial or other\n\nauthority to be invalid for any reason.","path":["OK Code","Title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":"3bee160bd8ea273917feda6924f37bb5216310f7001ebb57fbab807fcb33a845","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-71-71-815","next":"us-ok/okla.-stat.-tit.-71-71-817"},"notice":"GroundRules: Original legal text. Not legal advice."}
