Okla. Stat. tit. 71, § 71-1-603

This is the official text of Okla. Stat. tit. 71, § 71-1-603, 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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Civil enforcement

Official statutory text

A. If the Administrator believes that a person has engaged, is

engaging, or is about to engage in an act, practice, or course of

business constituting a violation of this act or a rule adopted or

order issued under this act or constituting a dishonest or unethical

practice or that a person has, is, or is about to engage in an act,

practice, or course of business that materially aids a violation of

this act or a rule adopted or order issued under this act or a

dishonest or unethical practice, the Administrator may, prior to,

concurrently with, or subsequent to an administrative proceeding,

maintain an action in the district court of Oklahoma County or the

district court of any other county where service can be obtained to

enjoin the act, practice, or course of business and to enforce

compliance with this act or a rule adopted or order issued under

this act.

B. In an action under this section and on a proper showing, the

court may:

Oklahoma Statutes - Title 71. Securities Page 75

1. Issue a permanent or temporary injunction, restraining

order, or declaratory judgment;

2. Order other appropriate or ancillary relief, which may

include:

a. an asset freeze, accounting, writ of attachment, writ

of general or specific execution, and appointment of a

receiver or conservator, that may be the

Administrator, for the defendant or the defendant's

assets,

b. ordering the Administrator to take charge and control

of a defendant's property, including investment

accounts and accounts in a depository institution,

rents, and profits; to collect debts; and to acquire

and dispose of property,

c. imposing a civil penalty up to a maximum of Five

Thousand Dollars ($5,000.00) for a single violation or

up to Two Hundred Fifty Thousand Dollars ($250,000.00)

for more than one violation; an order of rescission,

restitution, or disgorgement directed to a person that

has engaged in an act, practice, or course of business

constituting a violation of this act or the

predecessor act or a rule adopted or order issued

under this act or the predecessor act, and

d. ordering the payment of prejudgment and postjudgment

interest; or

3. Order such other relief as the court considers appropriate.

C. The Administrator may not be required to post a bond in an

action or proceeding under this act.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.