§ 161.1. Restrictions on charges for reselling electric current or natural gas
Oklahoma Statutes AnnotatedTitle 17. Corporation Commission
17 Okl.St.Ann. § 161.1
§ 161.1. Restrictions on charges for reselling electric current or natural gas
A. Except for any person, public utility, or public service corporation subject to the jurisdiction of the Corporation Commission, or a municipal utility, or a public trust which has as its beneficiary the municipality, no owner of any interest in real property in this state who purchases electric current or natural gas from a municipality and who resells such electric current or natural gas to any residential lessee of any interest in such real property for the purpose of heat, light or power shall charge such lessee any amount in excess of ten percent (10%) of the cost to such reseller for each billing cycle of the electricity or natural gas purchased by the reseller from the supplier. Provided the provisions of this section shall not apply to the resell of electric current or natural gas pursuant to a commercial lease.
C. Any person who willfully violates the provisions of this act,1 upon conviction by a district court, shall be guilty of a misdemeanor. In addition to the punishment prescribed by this subsection, said reseller is liable in treble damages to the lessee injured, said damages to be recovered in a civil action by the consumer so injured. Treble damages shall be based on the total amount to be paid to the reseller by the lessee for each bill which exceeds the authorized percentage pursuant to this section.
Credits
Laws 1987, c. 163, § 1, eff. Nov. 1, 1987.
Footnotes
This section.
17 Okl. St. Ann. § 161.1, OK ST T. 17 § 161.1
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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