Okla. Stat. tit. 22, § 22-1403
This is the official text of Okla. Stat. tit. 22, § 22-1403, part of Oklahoma’s Stat. tit. 22, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 22,." Browse the sections below, each linked to its official government source.
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Participation in pattern of racketeering activity or
Official statutory text
collection of unlawful debt prohibited - Investment of funds
prohibited - Conspiracy to violate prohibition - Venue of actions.
A. No person employed by or associated with any enterprise
shall conduct or participate in, directly or indirectly, the affairs
of the enterprise through a pattern of racketeering activity or the
collection of an unlawful debt.
B. No person, through a pattern of racketeering activity or
through the collection of an unlawful debt, shall acquire or
maintain, directly or indirectly, any interest in or control of any
enterprise or real property.
C. No person who has received any proceeds derived, directly or
indirectly, from a pattern of racketeering activity, or through the
collection of any unlawful debt, in which the person participated as
a principal, shall use or invest, directly or indirectly, any part
of the proceeds or any proceeds derived from the investment or use
of any of those proceeds in the acquisition of any right, title, or
interest in real property or in the establishment or operation of
any enterprise.
A purchase of securities on the open market with intent to make
an investment, and without the intent of controlling or
participating in the control of the issuer or of assisting another
to do so, shall not be unlawful pursuant to the provisions of this
section if the securities of the issuer held by the purchaser, the
members of the immediate family of the purchaser, and accomplices of
the purchaser or immediate family of the purchaser in any pattern of
racketeering activity, or the collection of an unlawful debt after
the purchase, do not amount in the aggregate to one percent (1%) of
the outstanding securities of any one class and do not confer the
power to elect one or more directors of the issuer.
D. No person shall attempt to violate or conspire with others
to violate the provisions of subsection A, B or C of this section.
E. Venue for a civil or criminal action to enforce the
provisions of the Oklahoma Racketeer-Influenced and Corrupt
Organizations Act shall be in any county in which at least one act
of racketeering activity is alleged to have occurred in the petition
or information or indictment, it being the intent of this act, that
one district court have jurisdiction over all the conduct, persons
and property subject to this act.
prohibited - Conspiracy to violate prohibition - Venue of actions.
A. No person employed by or associated with any enterprise
shall conduct or participate in, directly or indirectly, the affairs
of the enterprise through a pattern of racketeering activity or the
collection of an unlawful debt.
B. No person, through a pattern of racketeering activity or
through the collection of an unlawful debt, shall acquire or
maintain, directly or indirectly, any interest in or control of any
enterprise or real property.
C. No person who has received any proceeds derived, directly or
indirectly, from a pattern of racketeering activity, or through the
collection of any unlawful debt, in which the person participated as
a principal, shall use or invest, directly or indirectly, any part
of the proceeds or any proceeds derived from the investment or use
of any of those proceeds in the acquisition of any right, title, or
interest in real property or in the establishment or operation of
any enterprise.
A purchase of securities on the open market with intent to make
an investment, and without the intent of controlling or
participating in the control of the issuer or of assisting another
to do so, shall not be unlawful pursuant to the provisions of this
section if the securities of the issuer held by the purchaser, the
members of the immediate family of the purchaser, and accomplices of
the purchaser or immediate family of the purchaser in any pattern of
racketeering activity, or the collection of an unlawful debt after
the purchase, do not amount in the aggregate to one percent (1%) of
the outstanding securities of any one class and do not confer the
power to elect one or more directors of the issuer.
D. No person shall attempt to violate or conspire with others
to violate the provisions of subsection A, B or C of this section.
E. Venue for a civil or criminal action to enforce the
provisions of the Oklahoma Racketeer-Influenced and Corrupt
Organizations Act shall be in any county in which at least one act
of racketeering activity is alleged to have occurred in the petition
or information or indictment, it being the intent of this act, that
one district court have jurisdiction over all the conduct, persons
and property subject to this act.
Status: in_force · Read it on the official government site
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