OK HB2962

Amends Oklahoma's embezzlement statute (21 O.S. Section 1451) to explicitly include property of a decedent's estate—whether held intestate, in probate, in trust, or otherwise—within the definition of property that can be embezzled

Updates statutory references from "State Penitentiary" to "custody of the Department of Corrections" throughout the embezzlement penalty provisions

Creates new penalty provision barring any executor, administrator, trustee, beneficiary, or other fiduciary who is convicted of embezzling from an estate from receiving any portion, share, gift, or other benefit from that estate

Maintains existing penalty structure based on value of embezzled property: under $500 (misdemeanor, up to 1 year jail/$1,000 fine); $500-$999 (felony, up to 1 year/$5,000 fine); $1,000-$24,999 (felony, up to 5 years/$5,000 fine); $25,000+ (felony, up to 10 years/$10,000 fine)

Effective date of November 1, 2010