Okla. Stat. tit. 73, § 73-162
This is the official text of Okla. Stat. tit. 73, § 73-162, part of Oklahoma’s Stat. tit. 73, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 73,." Browse the sections below, each linked to its official government source.
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Transaction of business for profit by members or employees
Official statutory text
prohibited - Penalty.
A. It shall be unlawful for any member or employee of the
Authority to transact with the Authority, either directly or
indirectly, any business for profit of such member or employee; and
any person, firm, or corporation knowingly participating therein
shall be equally liable for violation of this provision.
B. The term “business for profit” shall include, but not be
limited to, the acceptance or payment of any fee, commission, gift
or consideration to such member or employee.
C. Violation of any of the provisions of this section shall
constitute a Class D1 felony offense and shall be punishable by a
fine of not less than Five Hundred Dollars ($500.00) and not more
than Five Thousand Dollars ($5,000.00), or by imprisonment as
provided for in subsections B through F of Section 20N of Title 21
of the Oklahoma Statutes, or by both such fine and imprisonment.
A. It shall be unlawful for any member or employee of the
Authority to transact with the Authority, either directly or
indirectly, any business for profit of such member or employee; and
any person, firm, or corporation knowingly participating therein
shall be equally liable for violation of this provision.
B. The term “business for profit” shall include, but not be
limited to, the acceptance or payment of any fee, commission, gift
or consideration to such member or employee.
C. Violation of any of the provisions of this section shall
constitute a Class D1 felony offense and shall be punishable by a
fine of not less than Five Hundred Dollars ($500.00) and not more
than Five Thousand Dollars ($5,000.00), or by imprisonment as
provided for in subsections B through F of Section 20N of Title 21
of the Oklahoma Statutes, or by both such fine and imprisonment.
Status: in_force · Read it on the official government site
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