Crimes and punishment; property; foreign nationals; making certain acts unlawful; penalties; codification; effective date.

Summary

The bill makes it a crime for anyone to act as a straw person and purchase or attempt to purchase real estate in Oklahoma on behalf of a foreign national. Violations are punishable by up to two years in prison, a $1,000 fine, or both. It defines a straw person as a nominal party used to hide the true owner’s identity.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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