The Oklahoma Attorney General is warning businesses that a state price-gouging statute is in effect following the recent emergency declaration for 12 Oklahoma counties.

The Price Stabilization Act prohibits an increase of more than 10 percent in the price of goods and services. The purpose of the law is to help protect citizens from large price hikes following natural disasters. The statue is in effect for Cleveland, Creek, Dewey, Grady, Lincoln, Logan, Oklahoma, Pawnee, Payne, Pottawatomie, Roger Mills and Stephens Counties following the weekend wildfires.

State Attorney General Gentner Drummond cautioned that anyone who violates the Act will face legal consequences. More than 130 wildfires were reported across the state during the weekend windstorms.