Okla. Stat. tit. 6, § 6-1406
This is the official text of Okla. Stat. tit. 6, § 6-1406, part of Oklahoma’s Stat. tit. 6, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 6,." Browse the sections below, each linked to its official government source.
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Receipt of deposit after notification of insolvency
Official statutory text
It shall be unlawful and deemed a Class D1 felony offense for a
bank to receive any deposit after the bank has been notified by its
primary regulator that it is insolvent or for an officer, director
or employee who knows or, in the proper performance of his duty,
should know of the notification of such insolvency to receive or
authorize the receipt of such deposit, if such deposit, when
aggregated together with other funds held by the depositor in the
same right and capacity, would exceed the limit of federal deposit
insurance coverage.
bank to receive any deposit after the bank has been notified by its
primary regulator that it is insolvent or for an officer, director
or employee who knows or, in the proper performance of his duty,
should know of the notification of such insolvency to receive or
authorize the receipt of such deposit, if such deposit, when
aggregated together with other funds held by the depositor in the
same right and capacity, would exceed the limit of federal deposit
insurance coverage.
Status: in_force · Read it on the official government site
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