Oklahoma § 71-823 - Violations - Penalty - Criminal prosecutions

§ 71-823. Violations - Penalty - Criminal prosecutions

A. Any person who willfully violates Section 806, subsection A

of Section 808, subsection A of Section 809, Sections 811, 812, 819,

821 or 822 of this title or who willfully violates any rule under

the act or who willfully violates any order of which the person has

notice, or who violates Section 820 of this title knowing that the

statement made was false or misleading in any material respect,

shall be guilty of a Class C2 felony offense and may upon conviction

be fined not more than Ten Thousand Dollars ($10,000.00), or

imprisoned as provided for in subsections B through F of Section 20M

of Title 21 of the Oklahoma Statutes, or both, for each offense.

Oklahoma Statutes - Title 71. Securities

Each of the acts specified shall constitute a separate offense and a

prosecution or conviction for any one of such offenses shall not bar

prosecution or conviction for any other offense.

B. The Administrator may refer such evidence as may be

available concerning violations of the Oklahoma Business Opportunity

Sales Act or any rule or order hereunder to the Attorney General of

the State of Oklahoma or the district attorney for the county where

a violation occurred, who may, with or without such a reference,

institute the appropriate criminal proceedings under the act. The

Attorney General or district attorney may designate and appoint one

or more lawyers of the Department as special assistants available

for the purpose of assisting in or conducting all criminal

prosecutions arising by reason of proceedings under this section.

C. Nothing in the Oklahoma Business Opportunity Sales Act

limits the power of the state to punish any person for any conduct

which constitutes a crime under any other statute.

Added by Laws 1985, c. 157, § 23, eff. Nov. 1, 1985. Amended by

Laws 1991, c. 79, § 6, eff. Sept. 1, 1991; Laws 1997, c. 133, § 582,

eff. July 1, 1999; Laws 1999, 1st Ex.Sess., c. 5, § 422, eff. July

1, 1999; Laws 2025, c. 486, § 305, eff. Jan. 1, 2026.

NOTE: Laws 1998, 1st Ex.Sess., c. 2, § 23 amended the effective

date of Laws 1997, c. 133, § 582 from July 1, 1998, to July 1, 1999.