Oklahoma § 22-1403 - Participation in pattern of racketeering activity or

§ 22-1403. Participation in pattern of racketeering activity or

collection of unlawful debt prohibited - Investment of funds

prohibited - Conspiracy to violate prohibition - Venue of actions.

A. No person employed by or associated with any enterprise

shall conduct or participate in, directly or indirectly, the affairs

of the enterprise through a pattern of racketeering activity or the

collection of an unlawful debt.

B. No person, through a pattern of racketeering activity or

through the collection of an unlawful debt, shall acquire or

maintain, directly or indirectly, any interest in or control of any

enterprise or real property.

C. No person who has received any proceeds derived, directly or

indirectly, from a pattern of racketeering activity, or through the

collection of any unlawful debt, in which the person participated as

a principal, shall use or invest, directly or indirectly, any part

of the proceeds or any proceeds derived from the investment or use

of any of those proceeds in the acquisition of any right, title, or

interest in real property or in the establishment or operation of

any enterprise.

A purchase of securities on the open market with intent to make

an investment, and without the intent of controlling or

participating in the control of the issuer or of assisting another

to do so, shall not be unlawful pursuant to the provisions of this

section if the securities of the issuer held by the purchaser, the

members of the immediate family of the purchaser, and accomplices of

the purchaser or immediate family of the purchaser in any pattern of

racketeering activity, or the collection of an unlawful debt after

the purchase, do not amount in the aggregate to one percent (1%) of

the outstanding securities of any one class and do not confer the

power to elect one or more directors of the issuer.

D. No person shall attempt to violate or conspire with others

to violate the provisions of subsection A, B or C of this section.

E. Venue for a civil or criminal action to enforce the

provisions of the Oklahoma Racketeer-Influenced and Corrupt

Organizations Act shall be in any county in which at least one act

of racketeering activity is alleged to have occurred in the petition

or information or indictment, it being the intent of this act, that

one district court have jurisdiction over all the conduct, persons

and property subject to this act.

Added by Laws 1988, c. 131, § 3, eff. Nov. 1, 1988. Amended by Laws

2010, c. 456, § 6, eff. Nov. 1, 2010.

Oklahoma Statutes - Title 22. Criminal Procedure