Section 4040 - Brokers prohibited - ExceptionA. It shall be unlawful to be a broker.B. For the purposes of this section, "broker" means a person who, for a fee, commission or other valuable consideration, arranges or offers to arrange a transaction involving the sale, for purposes other than resale, of a new or used vessel or new or used motor, and who is not:1. A new or used vessel or new or used motor dealer or agent or employee of such a dealer; or2. A distributor or an agent or employee of such a distributor. However, an individual shall not be deemed to be a broker if the individual is the owner of the new or used vessel or new or used motor which is the object of the brokering transaction.
Okla. Stat. tit. 63, § 4040
Added by Laws 1989, c. 346, § 40, eff. 1/1/1990; Amended by Laws 2003 , SB 760, c. 393, §4, emerg. eff. 6/4/2003.