Oklahoma § 71-457 - Powers of Administrator - Rules and forms - Exemptions
Full text of Oklahoma Oklahoma Statutes § 71-457 — Powers of Administrator - Rules and forms - Exemptions, with citation guidance and answers to common questions.
§ 71-457. Powers of Administrator - Rules and forms - Exemptions
from act.
A. In administering the provisions of this act, the
Administrator of the Department of Securities may exercise all
powers granted to him under the Oklahoma Securities Act, which are
not inconsistent with this act.
B. The Administrator may make and adopt such rules and forms as
are necessary to carry out the purposes of this act, including,
without limitation, rules defining terms used in this act.
C. The Administrator may by rule or order exempt from any
provisions of this act any proposed take-over offer or any category
or type of take-over offer which the Administrator determines does
not have the purpose or effect of changing or influencing the
control of a target company or where he determines that compliance
with this act is not necessary for the protection of the offerees,
and the Administrator may similarly exempt any persons from the
requirement of filing statements under this act.
Added by Laws 1985, c. 285, § 7, emerg. eff. July 22, 1985.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 71-457
What does Oklahoma Statutes § 71-457 cover?
Section 71-457 ("Powers of Administrator - Rules and forms - Exemptions") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 71-457?
A common citation format is "Oklahoma Statutes § 71-457" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 71-457 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.