Oklahoma § 71-459 - Violations - Cease and desist orders - Injunctions
Full text of Oklahoma Oklahoma Statutes § 71-459 — Violations - Cease and desist orders - Injunctions, with citation guidance and answers to common questions.
§ 71-459. Violations - Cease and desist orders - Injunctions
A. Whenever it appears to the Administrator of the Department
of Securities that any person, including a controlling person of an
offeror or target company, has engaged or is about to engage in any
act or practice constituting a violation of this act or any rule or
order hereunder:
1. He may issue and cause to be served upon any person
violating any of the provisions of this act an order requiring the
person guilty thereof to cease and desist therefrom; and
Oklahoma Statutes - Title 71. Securities
2. He may bring an action in the district court of Oklahoma
County or the district court in any county where service can be
obtained on one or more of the offenders to enjoin the acts or
practices and to enforce compliance with this act or any rule or
order hereunder.
B. Upon a proper showing, the court may grant a permanent or
temporary injunction or restraining order and may order rescission
of any sales or purchases of securities determined to be unlawful
under this act or any rule or order hereunder. The court shall not
require the Administrator to post a bond.
Added by Laws 1985, c. 285, § 9, emerg. eff. July 22, 1985.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 71-459
What does Oklahoma Statutes § 71-459 cover?
Section 71-459 ("Violations - Cease and desist orders - Injunctions") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 71-459?
A common citation format is "Oklahoma Statutes § 71-459" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 71-459 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.