Okla. Stat. tit. 63, § 63-2-503.1i
This is the official text of Okla. Stat. tit. 63, § 63-2-503.1i, part of Oklahoma’s Stat. tit. 63, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 63,." Browse the sections below, each linked to its official government source.
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Interception, seizure and forfeiture of funds or
Official statutory text
equipment.
A. The Oklahoma State Bureau of Narcotics and Dangerous Drugs
Control shall have authority to intercept, seize and forfeit any
funds or equipment in violation of any provision of the Drug Money
Laundering and Wire Transmitter Act or in violation of Section 2-
503.1 of this title.
B. A warrant for the seizure of property pursuant to Section
1222 of Title 22 of the Oklahoma Statutes may be issued by a
district judge upon finding of probable cause for funds believed to
be used or intended for any violation of the Uniform Controlled
Dangerous Substances Act to any licensee under the Oklahoma
Financial Transaction Reporting Act.
C. The State Banking Commissioner or designee upon receipt of
an affidavit of probable cause from an agent of the Bureau, may
issue an emergency notice requiring a temporary freeze on an account
to any financial institution or money services business under its
jurisdiction. Such freeze shall halt all transactions in the
account. During the fifteen-day freeze, an account holder may file
an emergency appeal to the district court. The district court shall
schedule a hearing on the emergency appeal within three (3) judicial
days of the request. The provisions of Section 2201 et seq. of
Title 6 of the Oklahoma Statutes shall not apply to this section.
This freeze shall not exceed fifteen (15) days and shall
automatically expire unless:
1. A subsequent seizure warrant is issued by a district judge;
or
2. A notice of forfeiture is filed on the contents of the
account pursuant to Section 2-503 of this title.
D. No financial institution shall have liability to an account
holder for acting pursuant to this section.
Oklahoma Statutes - Title 63. Public Health and Safety Page 1025
A. The Oklahoma State Bureau of Narcotics and Dangerous Drugs
Control shall have authority to intercept, seize and forfeit any
funds or equipment in violation of any provision of the Drug Money
Laundering and Wire Transmitter Act or in violation of Section 2-
503.1 of this title.
B. A warrant for the seizure of property pursuant to Section
1222 of Title 22 of the Oklahoma Statutes may be issued by a
district judge upon finding of probable cause for funds believed to
be used or intended for any violation of the Uniform Controlled
Dangerous Substances Act to any licensee under the Oklahoma
Financial Transaction Reporting Act.
C. The State Banking Commissioner or designee upon receipt of
an affidavit of probable cause from an agent of the Bureau, may
issue an emergency notice requiring a temporary freeze on an account
to any financial institution or money services business under its
jurisdiction. Such freeze shall halt all transactions in the
account. During the fifteen-day freeze, an account holder may file
an emergency appeal to the district court. The district court shall
schedule a hearing on the emergency appeal within three (3) judicial
days of the request. The provisions of Section 2201 et seq. of
Title 6 of the Oklahoma Statutes shall not apply to this section.
This freeze shall not exceed fifteen (15) days and shall
automatically expire unless:
1. A subsequent seizure warrant is issued by a district judge;
or
2. A notice of forfeiture is filed on the contents of the
account pursuant to Section 2-503 of this title.
D. No financial institution shall have liability to an account
holder for acting pursuant to this section.
Oklahoma Statutes - Title 63. Public Health and Safety Page 1025
Status: in_force · Read it on the official government site
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