Okla. Stat. tit. 6, § 1407
Unlawful Service as Officer or Director
Effective Jan 1, 2026Laws 1965, SB 1, c. 161, § 1407; Amended by Laws 2025, HB 2104, c. 486, § 334, eff. January 1, 2026 (superseded document available).
It shall be unlawful and deemed a Class D1 felony offense for any person to serve as an officer or director of a bank who:
- 1. Has been convicted of an offense constituting in the jurisdiction in which the conviction was rendered a violation of the banking laws, a felony involving dishonesty or a breach of trust;
- 2. Is indebted to the bank for more than thirty (30) days upon a judgment that has become final.
Laws 1965, SB 1, c. 161, § 1407; Amended by Laws 2025, HB 2104, c. 486, § 334, eff. January 1, 2026 (superseded document available).