Okla. Stat. tit. 71, § 71-1-508
This is the official text of Okla. Stat. tit. 71, § 71-1-508, part of Oklahoma’s Stat. tit. 71, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 71,." Browse the sections below, each linked to its official government source.
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Violations - Criminal penalties - Administrative fines
Official statutory text
A. A person who willfully violates this act, or a rule adopted
or order issued under this act, except Section 1-504 of this title
or the notice filing requirements of Section 1-302 or 1-405 of this
title, or that willfully violates Section 1-505 of this title
knowing the statement made to be false or misleading in a material
respect, upon conviction, shall be guilty of a Class C2 felony
offense and shall be fined not more than One Hundred Thousand
Dollars ($100,000.00), or imprisoned as provided for in subsections
B through F of Section 20M of Title 21 of the Oklahoma Statutes, or
both such fine and imprisonment. An individual convicted of
violating a rule adopted or order issued under this act may be
fined, but may not be imprisoned, if the individual did not have
knowledge of the rule or order.
B. This act does not limit the power of this state to punish a
person for conduct that constitutes a crime under other laws of this
state.
C. On a criminal matter referred by the Administrator, the
prosecuting attorney may designate and appoint one or more lawyers
of the Department as special assistants as available for the purpose
Oklahoma Statutes - Title 71. Securities Page 62
of assisting in or conducting a criminal prosecution arising by
reason of an investigation or proceeding under this section.
or order issued under this act, except Section 1-504 of this title
or the notice filing requirements of Section 1-302 or 1-405 of this
title, or that willfully violates Section 1-505 of this title
knowing the statement made to be false or misleading in a material
respect, upon conviction, shall be guilty of a Class C2 felony
offense and shall be fined not more than One Hundred Thousand
Dollars ($100,000.00), or imprisoned as provided for in subsections
B through F of Section 20M of Title 21 of the Oklahoma Statutes, or
both such fine and imprisonment. An individual convicted of
violating a rule adopted or order issued under this act may be
fined, but may not be imprisoned, if the individual did not have
knowledge of the rule or order.
B. This act does not limit the power of this state to punish a
person for conduct that constitutes a crime under other laws of this
state.
C. On a criminal matter referred by the Administrator, the
prosecuting attorney may designate and appoint one or more lawyers
of the Department as special assistants as available for the purpose
Oklahoma Statutes - Title 71. Securities Page 62
of assisting in or conducting a criminal prosecution arising by
reason of an investigation or proceeding under this section.
Status: in_force · Read it on the official government site
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