Okla. Stat. tit. 2, § 2-9-34: Unlawful acts - Commodity storage and receipts - Penalties

- Prepositioning of commodity stocks.

A. It shall be a felony for any warehouseman, employee, or

manager of a public warehouse to knowingly:

1. Issue or receive a fraudulent warehouse receipt regarding,

but not limited to, commodities that are not actually stored at the

time of issuing the receipt, issuing any warehouse receipt or scale

ticket that is in any respect fraudulent in its character, either as

to its date or to the quantity, quality, or inspected grade of the

commodities, or who shall remove any commodities from store, except

to preserve the commodities from fire or other damage without the

return and cancellation of all outstanding receipts that may have

been issued to represent the commodities; or

2. Issue a delayed pricing contract, deferred payment contract,

or any other records for sales of commodities in a fraudulent manner

without the full knowledge and consent of the producer.

A violation of this section shall, upon conviction, be a Class

D1 felony offense punishable by a fine of not more than Ten Thousand

Dollars ($10,000.00), or by imprisonment as provided for in

subsections B through F of Section 20N of Title 21 of the Oklahoma

Statutes, or by both such fine and imprisonment.

B. The State Board of Agriculture, upon application from the

warehouseman, may approve the prepositioning of commodity stocks in

state-chartered or federally licensed terminal warehouses in order

to free storage space for new harvest commodities. The period for

such action shall not exceed sixty (60) days prior to anticipated

beginning of harvest for the commodity nor can they be out of

position more than one hundred eighty (180) days. The Board may

extend the time period an additional one hundred eighty (180) days

as specified by rules promulgated by the Board.