Oklahoma § 74-3102.1 - Unlawful private economic interest — State officer or
Full text of Oklahoma Oklahoma Statutes § 74-3102.1 — Unlawful private economic interest — State officer or, with citation guidance and answers to common questions.
§ 74-3102.1. Unlawful private economic interest — State officer or
employee of state agency — Penalties.
A. For purposes of this section:
1. “Associated nongovernment entity” means:
a.
any nonprofit or charitable organization or private
business including, but not limited to, a closely held
corporation, limited liability company, subchapter S
corporation, or partnership, in which:
(1) the state officer or employee or his or her
immediate family member has or has had a business
relationship other than a routine consumer
transaction at any point during the previous
three hundred sixty-five (365) days,
(2) the state officer or employee or his or her
immediate family member is a director, officer,
owner, partner, manager, employee, contractor,
consultant, board member, or agent,
(3) the state officer or employee or his or her
immediate family member receives or has received
income or other financial compensation at any
point during the previous three hundred sixtyfive (365) days,
(4) the state officer or employee or his or her
immediate family member, directly or indirectly,
owns or has owned stock, another form of equity
interest, stock options, debt instruments, or has
received dividends or income at any point during
the previous three hundred sixty-five (365) days,
or
(5) the state officer or employee or his or her
immediate family member is negotiating or has any
arrangement concerning prospective employment, or
b.
any publicly traded corporation or other business
entity in which:
(1) the state officer or employee or his or her
immediate family member holds or has held an
ownership interest of five percent (5%) or more
at any point during the previous three hundred
sixty-five (365) days, or
Oklahoma Statutes - Title 74. State Government
(2)
2.
means:
the state officer or employee or his or her
immediate family member serves or has served as a
director or officer at any point during the
previous three hundred sixty-five (365) days;
“Immediate family member” of a state officer or employee
a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
a spouse,
the parents of a spouse,
a child by birth or adoption,
a stepchild,
a parent,
a grandparent,
a grandchild,
a sibling,
a spouse’s sibling, or
a spouse of any immediate family member listed in this
paragraph;
3. “Private economic interest” includes any interest that could
foreseeably result in directly or indirectly receiving a pecuniary
gain, a competitive advantage, or sustaining pecuniary loss as a
result of an official act or forbearance. A private economic
interest shall not include an interest in a pension plan, 401(k),
individual retirement account or other retirement investment vehicle
that makes diversified investments over which the state officer or
employee or his or her immediate family member exercises no control
over the acquisition or sale of particular holdings; and
4. “State agency” includes any office, bureau, board, council,
commission, department, authority, institution, trust, unit,
division, or body of the executive branch of the state government,
excluding political subdivisions of the state.
B. It shall be unlawful for any state officer or employee of a
state agency to participate in his or her official capacity through
decision, approval, disapproval, authorization, recommendation,
investigation, the rendering of advice, influence, or otherwise, in
any matter in which he or she has a private economic interest or in
which his or her immediate family member or an associated
nongovernment entity has a private economic interest. Any person
convicted of knowingly and willfully violating the provisions of
this subsection shall, upon conviction, be guilty of a felony
punishable by a fine not to exceed Ten Thousand Dollars
($10,000.00), by imprisonment in the custody of the Department of
Corrections for a term not less than one (1) year nor more than ten
(10) years, or by both such fine and imprisonment. Such person
shall be prohibited from holding any public office in this state.
The fact that the accused’s conduct also served a legitimate
governmental purpose is no ground of defense or of mitigation of
punishment. Prosecutions for violations of this subsection shall be
Oklahoma Statutes - Title 74. State Government
commenced in accordance with subsection A of Section 152 of Title 22
of the Oklahoma Statutes.
C. A state officer or employee who, in the discharge of his or
her official responsibilities, is required or called upon to
participate in a matter in which he or she has a private economic
interest or in which his or her immediate family member or an
associated nongovernment entity has a private economic interest,
within thirty (30) days of becoming aware of such potential conflict
arising from a private economic interest or prior to the official
action affected by the private economic interest, whichever is
first, shall:
1. Prepare a certified written statement describing the matter
requiring participation and the nature of the potential conflict of
interest with respect to the matter in detail sufficient to be
understood by the public;
2. Furnish a copy of the statement to his or her superior, if
any, who shall assign the matter to another employee who does not
have a private economic interest. The superior shall furnish a copy
of the statement to the Ethics Commission. If he or she has no
immediate superior, he or she shall furnish a copy of the statement
directly to the Ethics Commission. The statement shall remain
available for public inspection; and
3. If the person is an elected officer or if he or she is
appointed as the chief executive officer or head of a state agency,
he or she shall furnish a copy of the statement to the presiding
officer of the governing body of the agency on which he or she
serves, who shall cause the statement to be printed in the minutes
of the next meeting and require that the person be excused from any
votes, deliberations, and other actions on the matter in which the
potential conflict of interest exists and shall cause the
disqualification and the reasons for the disqualification to be
noted in the minutes.
D. Any person convicted of knowingly and willfully violating
the provisions of subsection C of this section shall, upon
conviction, be guilty of a misdemeanor punishable by a fine not to
exceed One Thousand Dollars ($1,000.00), by imprisonment in the
county jail for a term not to exceed one (1) year, or by both such
fine and imprisonment.
E. Violation of any provision of this section shall be grounds
for removal from office or termination from state employment.
F. Any transaction or contract entered into in violation of any
provision of this section shall be void.
G. A person shall not be guilty of an offense under this
section if the person’s performance of official functions would not
affect the person, immediate family member, or associated
nongovernment entity differently than such performance would affect
the public generally, or would not affect the person, immediate
Oklahoma Statutes - Title 74. State Government
family member, or associated nongovernment entity, as a member of a
business, profession, occupation, or large class differently than
such performance would affect any other member of such business,
profession, occupation, or large class.
H. The provisions of this section shall be cumulative to
existing laws. Nothing in this section shall prohibit a state
agency from implementing more restrictive policies to address
conflicts of interest that remain in compliance with this section.
Nothing in this section shall be construed to invalidate any other
provision of law establishing more restrictive procedures or
measures to prevent conflicts of interest between public duties and
private economic interests.
Added by Laws 2025, c. 336, § 11, eff. Nov. 1, 2025.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-3102.1
What does Oklahoma Statutes § 74-3102.1 cover?
Section 74-3102.1 ("Unlawful private economic interest — State officer or") 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 § 74-3102.1?
A common citation format is "Oklahoma Statutes § 74-3102.1" (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 § 74-3102.1 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.