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§ 162. Transaction of business for profit by members or employees prohibited--Penalty

Oklahoma Statutes AnnotatedTitle 73. State Capital and Capitol Building

Oklahoma Statutes Annotated
Title 73. State Capital and Capitol Building (Refs & Annos)
Chapter 6. Oklahoma Capitol Improvement Authority
General Provisions (Refs & Annos)
73 Okl.St.Ann. § 162
§ 162. Transaction of business for profit by members or employees prohibited--Penalty
Currentness
(a) It shall be unlawful for any member or employee of the Authority to transact with the Authority, either directly or indirectly, any business for profit of such member or employee; and any person, firm, or corporation knowingly participating therein shall be equally liable for violation of this provision.
(b) The term “business for profit” shall include, but not be limited to, the acceptance or payment of any fee, commission, gift or consideration to such member or employee.
(c) Violation of any of the provisions of this section shall constitute a felony and shall be punishable by a fine of not less than Five Hundred Dollars ($500.00) and not more than Five Thousand Dollars ($5,000.00), or by imprisonment in the State Penitentiary for not less than one (1) year and not more than five (5) years or by both such fine and imprisonment.

Credits

Laws 1959, p. 254, § 12, emerg. eff. June 27, 1959; Laws 1997, c. 133, § 583, eff. July 1, 1999; Laws 1999, 1st Ex.Sess., c. 5, § 423, eff. July 1, 1999.
73 Okl. St. Ann. § 162, OK ST T. 73 § 162
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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