Okla. Stat. tit. 59, § 858-401
Penalties for Violations
Effective Nov 1, 2004Laws 1974, HB 1565, c. 121, § 401, emerg. eff. July 1, 1974; Amended by Laws 1993, HB 1287, c. 54, § 2, eff. September 1, 1993; Amended by Laws 2004, SB 1312, c. 142, § 3, eff. November 1, 2004 (superseded document available).
- A. In addition to any other penalties provided by law, any person unlicensed pursuant to The Oklahoma Real Estate License Code who shall willingly and knowingly violate any provision of this Code, upon conviction, shall be guilty of a misdemeanor punishable by a fine of not more than One Thousand Dollars ($1,000.00), or by imprisonment in the county jail for not more than six (6) months, or by both such fine and imprisonment.
B. In addition to any civil or criminal actions authorized by law, whenever, in the judgment of the Oklahoma Real Estate Commission, any unlicensed person has engaged in any acts or practices which constitute a violation of the Oklahoma Real Estate License Code, the Commission may:
- 1. After notice and hearing, and upon finding a violation of the Code, impose a fine of not more than Five Thousand Dollars ($5,000.00) or the amount of the commission or commissions earned, whichever is greater for each violation of the Code for unlicensed activity;
- 2. Make application to the appropriate court for an order enjoining such acts or practices, and upon a showing by the Commission that such person has engaged in any such acts or practices, an injunction, restraining order, or such other order as may be appropriate shall be granted by such court, without bond; or
- 3. Impose administrative fines pursuant to this subsection which shall be enforceable in the district courts of this state.
- C. Notices and hearings required by this section and any appeals from orders entered pursuant to this section shall be in accordance with the Administrative Procedures Act.
- D. Such funds as collected pursuant to this section shall be deposited in the Oklahoma Real Estate Education and Recovery Fund.
Laws 1974, HB 1565, c. 121, § 401, emerg. eff. July 1, 1974; Amended by Laws 1993, HB 1287, c. 54, § 2, eff. September 1, 1993; Amended by Laws 2004, SB 1312, c. 142, § 3, eff. November 1, 2004 (superseded document available).