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Okla. Stat. tit. 6, § 6-809

This is the official text of Okla. Stat. tit. 6, § 6-809, 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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Prohibited acts - Penalties - Injunctions

Official statutory text

A. Except as provided in Section 411 of this title, no bank,

banker or bank official shall give preference to any depositor,

borrower, or creditor by pledging the assets of the bank as

collateral security. No bank, banker or bank official shall sell or

transfer any of the assets of any insolvent bank in consideration of

any deposit in such bank. Any officer, director or employee of any

bank who violates any provision of this section shall be guilty of a

Class D1 felony offense and upon conviction thereof shall be

punished by a fine of not less than One Hundred Dollars ($100.00),

nor more than One Thousand Dollars ($1,000.00), 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. No attachment, injunction, execution or other recordation

which constitutes a lien under the laws of this state upon the

property of a bank created, organized or existing under or by virtue

of the laws of this state, shall be issued against such a bank or

its property before final judgment in any suit, action or proceeding

in any federal, state, county or municipal court. As used in this

subsection, “final judgment” shall mean a judgment on the merits

from which no appeal can be taken or the time in which to file an

appeal has elapsed and not merely a judgment rendered.

C. The Board shall have the authority, pursuant to Section 203

of this title, to order or seek injunction over any person, as

defined in Section 103 of this title, to cease and desist violating

any of the provisions of this section.

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.