Okla. Stat. tit. 71, § 71-1-609
This is the official text of Okla. Stat. tit. 71, § 71-1-609, 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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Commission review of order - Judicial review
Official statutory text
A. Any person aggrieved by final order of the Administrator may
obtain a review by the Commission by filing with the Administrator,
within fifteen (15) days after the entry of the order, a written
petition praying that the order be modified or set aside in whole or
in part and stating the person’s specific grounds therefor. The
petition, the record upon which the final order was issued, and
written briefs submitted by the appealing parties and the
Administrator shall be reviewed by the Commission. The cost of
preparing the record of the administrative hearing shall be borne by
the appealing parties. Oral argument by all parties may be heard by
the Commission en banc if requested by an appealing party. Other
than newly discovered evidence, additional evidence may only be
presented by the appealing party and/or the Administrator on the
request of the Commission. Upon the written request of the party on
whose behalf the appeal is brought, or upon the party’s own motion,
the Administrator shall cause complete stenographic notes to be
taken of the proceeding before the Commission. If requested by the
appealing party, the cost of taking and transcribing such notes
shall be borne by the said appealing party. If such notes are taken
upon the motion of the Administrator, the cost shall be borne by the
Department. The Commission or a majority thereof shall make such
Oklahoma Statutes - Title 71. Securities Page 82
order as is deemed proper, just, and equitable within sixty (60)
days of receipt by the Administrator of the written petition of the
appealing party or at such later time as agreed to by all parties.
B. Appeals by any person aggrieved by a final order of the
Commission, except a final order of the Commission to cease and
desist, shall be taken to the Supreme Court of this state within
thirty (30) days of the date that a copy of the order is mailed to
such person, as shown by the certificate of mailing attached to the
order. Any person aggrieved by a final order of the Commission to
cease and desist shall be taken to the district court of Oklahoma
County within thirty (30) days of the date that a copy of the order
is mailed to such person, as shown by the certificate of mailing
attached to the order. The proceedings for review shall be as now
prescribed by law and by rules of the reviewing court, subject to
the power of the reviewing court to make other and further rules
with reference thereto.
C. The commencement of proceedings under this section before
the Commission shall not operate as a stay of the Administrator's
order, unless so ordered by the Commission. The commencement of
proceedings under this section before the Supreme Court shall not
operate as a stay of the Commission's order, unless so ordered by
the Court.
obtain a review by the Commission by filing with the Administrator,
within fifteen (15) days after the entry of the order, a written
petition praying that the order be modified or set aside in whole or
in part and stating the person’s specific grounds therefor. The
petition, the record upon which the final order was issued, and
written briefs submitted by the appealing parties and the
Administrator shall be reviewed by the Commission. The cost of
preparing the record of the administrative hearing shall be borne by
the appealing parties. Oral argument by all parties may be heard by
the Commission en banc if requested by an appealing party. Other
than newly discovered evidence, additional evidence may only be
presented by the appealing party and/or the Administrator on the
request of the Commission. Upon the written request of the party on
whose behalf the appeal is brought, or upon the party’s own motion,
the Administrator shall cause complete stenographic notes to be
taken of the proceeding before the Commission. If requested by the
appealing party, the cost of taking and transcribing such notes
shall be borne by the said appealing party. If such notes are taken
upon the motion of the Administrator, the cost shall be borne by the
Department. The Commission or a majority thereof shall make such
Oklahoma Statutes - Title 71. Securities Page 82
order as is deemed proper, just, and equitable within sixty (60)
days of receipt by the Administrator of the written petition of the
appealing party or at such later time as agreed to by all parties.
B. Appeals by any person aggrieved by a final order of the
Commission, except a final order of the Commission to cease and
desist, shall be taken to the Supreme Court of this state within
thirty (30) days of the date that a copy of the order is mailed to
such person, as shown by the certificate of mailing attached to the
order. Any person aggrieved by a final order of the Commission to
cease and desist shall be taken to the district court of Oklahoma
County within thirty (30) days of the date that a copy of the order
is mailed to such person, as shown by the certificate of mailing
attached to the order. The proceedings for review shall be as now
prescribed by law and by rules of the reviewing court, subject to
the power of the reviewing court to make other and further rules
with reference thereto.
C. The commencement of proceedings under this section before
the Commission shall not operate as a stay of the Administrator's
order, unless so ordered by the Commission. The commencement of
proceedings under this section before the Supreme Court shall not
operate as a stay of the Commission's order, unless so ordered by
the Court.
Status: in_force · Read it on the official government site
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