Okla. Stat. tit. 71 § 811

Current through Laws 2024, c. 342.
Section 811 - Minimum net worth requirement

In connection with the offer or sale of a business opportunity, no seller may make or use any of the representations set forth in divisions (4) and (5) of subparagraph a of paragraph 3 of Section 802 of this title unless the seller has at all times a minimum net worth of Fifty Thousand Dollars ($50,000.00) as determined in accordance with generally accepted accounting principles.

Okla. Stat. tit. 71, § 811

Amended by Laws 2022 , c. 77, s. 45, eff. 11/1/2022.
Added by Laws 1985, c. 157, § 11, eff. 11/1/1985.