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.
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion 
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers 
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer 
Chubb Posts Record Q4 and Full Year P/C Underwriting Income, Combined Ratio From This Issue
