Okla. Stat. tit. 2, § 2-9-34
This is the official text of Okla. Stat. tit. 2, § 2-9-34, part of Oklahoma’s Stat. tit. 2, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 2,." Browse the sections below, each linked to its official government source.
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Unlawful acts - Commodity storage and receipts - Penalties
Official statutory text
- 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
Oklahoma Statutes - Title 2. Agriculture Page 440
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.
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
Oklahoma Statutes - Title 2. Agriculture Page 440
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.
Status: in_force · Read it on the official government site
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