Oklahoma HB3840 prohibits foreign adversaries and state-owned enterprises from owning land within certain zones and mandates affidavits for land.
Oklahoma HB3840, the Foreign Adversary & State-Owned Enterprise Land Ownership Enforcement Act, restricts land ownership by foreign adversaries and state-owned enterprises within ten miles of military installations or critical infrastructure sites. It requires an exhibit affidavit for land transactions, listing beneficial owners and detailing ownership structures. Failure to comply triggers enforcement actions, including civil penalties, court-ordered divestiture, or receivership.
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