Oklahoma § 18-411 - Reports - Misapplication of funds solicited

§ 18-411. Reports - Misapplication of funds solicited

Thirty (30) days after the passage and approval of this bill,

all chambers of commerce, commercial clubs, or any such associations

organized and doing business in this state as is commonly done by

such associations shall make a report to their entire membership,

setting forth and itemizing their receipts and disbursements for the

year ending at the date of the passage and approval of this bill,

and shall thereafter make a like report each year ending June 30th.

Every committee or individual who solicits or receives any funds

from the public for such associations herein named shall make a full

itemized report of all receipts and disbursements thereof. The

report shall be filed with the city clerk where the committee or

Oklahoma Statutes - Title 18. Corporations

person soliciting such fund resides, or where the funds were

collected; provided, that any person or committee who diverts the

funds so collected from the purposes for which they were solicited

or collected shall be guilty of a Class D1 felony offense and on

conviction therefor shall be punished by confinement as provided for

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

Oklahoma Statutes.

Added by Laws 1919, c. 260, p. 370, § 1. Amended by Laws 1997, c.

133, § 140, eff. July 1, 1999; Laws 1999, 1st Ex.Sess., c. 5, § 66,

eff. July 1, 1999; Laws 2025, c. 486, § 353, eff. Jan. 1, 2026.

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

date of Laws 1997, c. 133, § 140 from July 1, 1998, to July 1, 1999.