Okla. Stat. tit. 18, § 18-381.80

This is the official text of Okla. Stat. tit. 18, § 18-381.80, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.

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Criminal offenses - Penalties

Official statutory text

A. Any person responsible for an act or omission or a criminal

offense expressly declared to be unlawful by this act or rules

promulgated under this act shall be guilty:

1. Of a misdemeanor punishable by imprisonment for a term not

exceeding one (1) year or a fine not exceeding Fifty Thousand

Dollars ($50,000.00), or both; and

2. If the act or omission was intended to defraud, of a felony

punishable by imprisonment not exceeding five (5) years or a fine

not exceeding One Hundred Thousand Dollars ($100,000.00), or both.

B. An officer, director, employee, agent or attorney of an

association shall be responsible for an act or omission of the

institution declared to be a criminal offense against this act

whenever, knowing that such act or omission is unlawful, such person

participates in authorizing, executing, ratifying or concealing such

act, or in authorizing or ratifying such omission or, having a duty

to take the required action, omits to do so. A director shall be

deemed to participate in any action, of which the director has or

should have had knowledge, taken or omitted to be taken by the board

of which the director is a member unless the director dissents

therefrom in writing and promptly notifies the Commissioner of such

dissent.

C. It shall be a criminal offense against this act to violate

any lawful order of the Commissioner. The Commissioner may refer

evidence concerning violations of this act or of any rule or order

hereunder to the Attorney General of the State of Oklahoma or to the

district attorney for the county where a violation occurred in order

that an information or indictment for such violations may be filed.

The Attorney General or district attorney may designate and appoint

a lawyer of the Oklahoma State Banking Department as special

assistant, if available, for the purpose of assisting in or

Oklahoma Statutes - Title 18. Corporations Page 99

conducting criminal prosecutions arising because of the proceedings

provided for in this section.

D. Unless otherwise provided in this act, it shall be no

defense to a criminal prosecution under this act that the defendant

did not know the facts establishing the criminal character of the

act or omission charged if the defendant could and should have known

such facts in the proper performance of such duty.

E. This section shall not apply to specific offenses for which

criminal sanctions have been imposed in other sections of this act.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.