Oklahoma § 6-1414 - Criminal sanctions, violations of rules and orders Nonapplicability where criminal sanctions imposed in other sections

§ 6-1414. Criminal sanctions, violations of rules and orders Nonapplicability where criminal sanctions imposed in other sections

of Code.

A. Any person responsible for an act or omission expressly

declared to be unlawful or a criminal offense by this Code 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;

Oklahoma Statutes - Title 6. Banks and Trust Companies

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

D1 felony offense punishable by imprisonment as provided for in

subsections B through F of Section 20N of Title 21 of the Oklahoma

Statutes, or a fine not exceeding One Hundred Thousand Dollars

($100,000.00), or both.

B. An officer, director, employee, agent or attorney of a bank

or trust company shall be responsible for an act or omission of the

institution declared to be a criminal offense against this Code

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

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

he has knowledge taken or omitted to be taken by the board of which

he is a member unless he dissents therefrom in writing and promptly

notifies the Commissioner of his dissent.

C. It shall be unlawful and deemed a Class D1 felony offense

against this Code to violate any lawful order of the Board or

Commissioner, served upon it, or to knowingly violate any lawful

rule, regulation or order of the Board or Commissioner. Any person

who violates the provisions of this subsection shall, upon

conviction, be punished by imprisonment as provided for in

subsections B through F of Section 20N of Title 21 of the Oklahoma

Statutes.

The Commissioner may refer evidence concerning violations of

this Code or of any rule or order thereunder 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

Department as special assistant, if available, for the purpose of

assisting in or conducting criminal prosecutions arising because of

the proceedings provided for in this section.

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

defense to a criminal prosecution hereunder that the defendant did

not know the facts establishing the criminal character of the act or

omission charged if he could and should have known such facts in the

proper performance of his duty.

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

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

Added by Laws 1965, c. 161, § 1414. Amended by Laws 1985, c. 168, §

7, emerg. eff. June 18, 1985; Laws 1997, c. 133, § 125, eff. July 1,

1999; Laws 1999, 1st Ex.Sess., c. 5, § 56, eff. July 1, 1999; Laws

2025, c. 486, § 341, eff. Jan. 1, 2026.

NOTE: Laws 1998, 1st Ex.Sess., c. 2, § 23 amended the effective

date of Laws 1997, c. 133, § 125 from July 1, 1998, to July 1, 1999.

Oklahoma Statutes - Title 6. Banks and Trust Companies