Oklahoma § 19-123 - Deposit in bank where treasurer or commissioners have
Full text of Oklahoma Oklahoma Statutes § 19-123 — Deposit in bank where treasurer or commissioners have, with citation guidance and answers to common questions.
§ 19-123. Deposit in bank where treasurer or commissioners have
pecuniary interest prohibited.
It is hereby made unlawful and deemed a Class D3 felony offense
for any of the funds of the county to be deposited in any bank in
which the county treasurer or any member of the board of county
commissioners is the owner of any stock or otherwise directly or
indirectly pecuniarily interested. A county treasurer or county
commissioner shall be considered to be interested in such bank if
any member of his immediate family owns any interest in said
depository bank. Any person who violates the provisions of this
section shall, upon conviction, be guilty of a Class D3 felony
offense and shall be punished by imprisonment as provided for in
subsections B through F of Section 20P of Title 21 of the Oklahoma
Statutes.
Added by Laws 1959, p. 94, § 3. Amended by Laws 2025, c. 486, §
655, eff. Jan. 1, 2026.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 19-123
What does Oklahoma Statutes § 19-123 cover?
Section 19-123 ("Deposit in bank where treasurer or commissioners have") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 19-123?
A common citation format is "Oklahoma Statutes § 19-123" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 19-123 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.