Oklahoma § 71-1-508 Violations - Criminal penalties - Administrative fines.

Oklahoma Statutes

§ 71-1-508 — Violations - Criminal penalties - Administrative fines.

Oklahoma § 71-1-508

Title 71Securities

This text of Oklahoma § 71-1-508 (Violations - Criminal penalties - Administrative fines.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 71, § 71-1-508 (2026).

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

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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 of assisting in or conducting a criminal prosecution arising by reason of an investigation or proceeding under this section.

Legislative History

Added by Laws 2003, c. 347, § 36, eff. July 1, 2004. Amended by Laws 2022, c. 77, § 31, eff. Nov. 1, 2022; Laws 2025, c. 486, § 295, eff. Jan. 1, 2026.