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OK SB764
Bill
Status
2/7/2011
Primary Sponsor
Clark Jolley
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AI Summary
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Amends Oklahoma law (21 O.S. Section 1541.1) to expand the crime of obtaining property by trick or deception to include issuing or transferring checks or negotiable orders, in addition to the existing fraud provisions.
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Defines "check" or "negotiable order" broadly to include traditional checks, electronic checks, debit card transactions, substitute checks, and automated clearing house transactions.
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Establishes prima facie evidence of intent to defraud when a check is refused by the drawee if specific conditions are met (presented within 30 days, insufficient funds at time of issue, no post-dating agreement, or fraudulent stop payment).
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Requires returned checks to be returned to depositors in legible condition and substantially the same physical condition as deposited, or in condition sufficient to identify the check writer.
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Repeals outdated provisions (21 O.S. Sections 1541.3, 1541.4, and 1541.5) and makes the Act effective November 1, 2011.
Legislative Description
Fraudulent transfers; modifying provisions related to false or bogus checks. Codification. Effective date.
Crimes and Punishments
Last Action
Pending coauthorship Senator(s) Ivester
2/16/2011