OK HB1064

Hedge funds and their subsidiaries are prohibited from acquiring title to single-family residential property in Oklahoma

"Hedge fund" is defined as a business entity that accumulates capital primarily to invest in equity securities for high returns, with a rebuttable presumption applying to entities exempt under SEC Regulation D

Pension funds, insurance companies, banks, and other regulated financial institutions whose primary business is not equity investing are excluded from the definition

Hedge funds or subsidiaries currently holding single-family residential property must divest within 10 years of the effective date, and may not transfer to other hedge funds or their subsidiaries

Effective date: November 1, 2025