§52-606. Valid transfers – Application for approval of transfer – Standards for approval – Waiver – Hearings, adjudications and appeals – Contracts for certain services.
A. A transfer shall not be valid or effective unless exempted under Section 5 of this act or approved by the Commission. B. Prior to or simultaneous with the making of an offer, solicitation of an offer, or agreement to effect a transfer, the transferee shall file with the Commission an application for approval in […]
§52-903. Failure to pay proceeds from production – Remedies.
Except for the right to enforce lien rights under private agreement or under Sections 548 through 549.12 of Title 52 of the Oklahoma Statutes and except where specific remedies are provided by private agreement, and as long as paragraph 1 of subsection D of Section 570.10 of Title 52 of the Oklahoma Statutes provides for […]
§52-607. Fees and costs.
A. Upon filing an application with the Commission for approval of a transfer under Section 6 of this act, the transferee shall pay to the Commission: 1. A nonrefundable fee of Five Thousand Dollars ($5,000.00); and 2. After the hearing, the additional costs actually incurred in excess of the fee. B. All payments received from […]
§52-608. Hearing relating to act or enforcement – Entities that may initiate – Jurisdiction – Time and place – Notice.
Any transferee, transferor, the Attorney General on behalf of the state, or the Commission on its own motion may institute proceedings or apply for a hearing before the Commission upon any question relating to this act or its enforcement. Jurisdiction is hereby conferred upon the Commission to hear and determine the same. The Commission shall […]
§52-609. Powers and authority of Commission.
In all matters pertaining to the making, issuing and enforcing of its orders, rules and regulations made under the provisions of this act, the Commission shall have and exercise, without limitation, all of the following additional powers and authority: 1. To enforce the provisions of this act, and compliance with any of its orders, rules, […]
§52-610. Violations – Fines and penalties – Collection of fines.
Any person who shall disobey or violate any of the provisions of this act or any of the orders, rules, regulations or adjudications of the Commission made pursuant to this act shall be punished for contempt. Punishment by the Commission in proceedings for contempt shall be imprisonment in the county jail of Oklahoma County for […]
§52-611. Injunctions.
The Attorney General of the State of Oklahoma or any person entitled to institute proceedings or apply for a hearing under Section 8 of this act may in the name of the state bring an action in the district courts of this state for an injunction, enjoining and prohibiting any person from violating the provisions […]
§52-612. Nonresident transferees – Service of process.
A transferee who is a nonresident of this state, and any persons acting in concert or participating with or controlling such transferee, who makes or solicits an offer to effect a transfer, or who makes an agreement to effect a transfer, shall be deemed: 1. To have agreed to be subject to the jurisdiction of […]
§52-613. Statute of limitations.
No action or other proceeding shall be commenced under this act challenging the validity or effectiveness of any transfer later than three (3) years after the effective date of such transfer. Added by Laws 1985, c. 2, § 13, emerg. eff. Feb. 13, 1985.
§52-614. Application of act.
This act shall apply to any transfer consummated after the effective date of this act. Added by Laws 1985, c. 2, § 14, emerg. eff. Feb. 13, 1985.