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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 21, § 21-1639: Fraudulent insolvency - Penalties

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  1. OK Code
  2. Title 21

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 Class D1 felony offense punishable as provided

for in subsections B through F of Section 20N of this title and a

fine of up to Fifty Thousand Dollars ($50,000.00).

Collected 2026-09-14T18:32:36Z. Source file · JSON

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