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§ 165. Enforcement--Civil penalty limitation

Oklahoma Statutes AnnotatedTitle 24. Debtor and Creditor

Oklahoma Statutes Annotated
Title 24. Debtor and Creditor (Refs & Annos)
Chapter 10. Security Breach Notification Act
24 Okl.St.Ann. § 165
§ 165. Enforcement--Civil penalty limitation
A. A violation of this act1 that results in injury or loss to residents of this state may be enforced by the Attorney General or a district attorney in the same manner as an unlawful practice under the Oklahoma Consumer Protection Act.2
B. Except as provided in subsection C of this section, the Attorney General or a district attorney shall have exclusive authority to bring action and may obtain either actual damages for a violation of this act or a civil penalty not to exceed One Hundred Fifty Thousand Dollars ($150,000.00) per breach of the security of the system or series of breaches of a similar nature that are discovered in a single investigation.
C. A violation of this act by a state-chartered or state-licensed financial institution shall be enforceable exclusively by the primary state regulator of the financial institution.

Credits

Laws 2008, c. 86, § 5, eff. Nov. 1, 2008.

Footnotes

Title 24, § 161 et seq.
Title 15, § 751 et seq.
24 Okl. St. Ann. § 165, OK ST T. 24 § 165
Current with legislation of the First Regular Session of the 59th Legislature (2023) and the First Extraordinary Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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