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§ 1639. Fraudulent insolvency--Penalties

Oklahoma Statutes AnnotatedTitle 21. Crimes and Punishments

Oklahoma Statutes Annotated
Title 21. Crimes and Punishments
Part VII. Crimes Against Property
Chapter 64. Frauds and Offenses in Corporation Affairs (Refs & Annos)
21 Okl.St.Ann. § 1639
§ 1639. Fraudulent insolvency--Penalties
Currentness
A. In every case of a fraudulent insolvency of a moneyed corporation not licensed to conduct insurance business in the State of Oklahoma, every director thereof who participated in such fraud is guilty of a misdemeanor.
B. In every case of a fraudulent insolvency of a moneyed corporation licensed to conduct the business of insurance in the State of Oklahoma, every director thereof who participated in such fraud is guilty of a felony punishable by up to five (5) years of incarceration and a fine of up to Fifty Thousand Dollars ($50,000.00).

Credits

R.L.1910, § 2729; Laws 2012, c. 235, § 2, eff. July 1, 2012.
Chapters 56 through 60 appear in this volume
21 Okl. St. Ann. § 1639, OK ST T. 21 § 1639
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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