HB 1064
Property; definitions; hedge fund; single-family residential property; divestment; effective date.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies Oklahoma’s property laws to specifically define ‘hedge fund’ within the context of real estate transactions. It requires certain single-family residential property owners to divest themselves of properties if they hold them in conjunction with a hedge fund. The bill also establishes an effective date for these requirements, aiming to address concerns about potential risks associated with hedge fund investments in residential real estate.
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