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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 71, § 71-459: Violations - Cease and desist orders - Injunctions

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Where this section sits in the code
  1. OK Code
  2. Title 71

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

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.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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