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Can you summarize 21 OKST 1580?
Forgery and Counterfeiting > Issuing, Selling or Pledging False Certificates of Stock
Short Summary
This provision, found in the Oklahoma Statutes under Crimes and Punishments, specifically addresses the offense of issuing, selling, or pledging false certificates of stock. It applies to any officer or agent of a corporation or joint stock association formed or existing under the laws of Oklahoma or any other state, government, or country. The provision states that if such an officer or agent willfully signs or procures to be signed, with the intent to issue, sell, or pledge, any false or fraudulent certificate or other evidence of ownership or transfer of stock, they are guilty of forgery in the second degree. This offense includes the signing, issuing, selling, or pledging of certificates or instruments that have not been duly authorized by the board of directors or other managing body of the corporation or association. No exemptions are mentioned in the provision.
Whom does it apply to?
Officers or agents of corporations or joint stock associations formed or existing under the laws of Oklahoma or any other state, government, or country
What does it govern?
Issuing, selling or pledging false certificates of stock
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Guilty of forgery in the second degree
Jurisdiction
Oklahoma