Oklahoma Attorney General Mike Hunter enacted the Emergency Price Stabilization Act in Mayes, Rogers, Tulsa and Wagoner counties after Gov. Mary Fallin declared a state of emergency following a tornado outbreak on the weekend of Aug. 4 and 5.
The price gouging statute prohibits an increase of more than 10 percent for the price of goods and services after a declared state of emergency.
Mid-town Tulsa was hit particularly hard early on Aug. 5 when an EF-2 tornado severely damaged more than 150 businesses and 25 homes. At least three other twisters were recorded that day; EF1 tornadoes struck in Broken Arrow; near Oologah, about 20 miles northeast of Tulsa; and near Chelsea, 40 miles northeast of Tulsa.
Topics Oklahoma
Was this article valuable?
Here are more articles you may enjoy.
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati 
After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees 
Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater 
AccuWeather Atlantic Hurricane Season Forecast: 11-16 Named Storms From This Issue
