Okla. Stat. tit. 12A, § 12A-8-506: Duty of Securities Intermediary to Exercise Rights as

Directed by Entitlement Holder.

Duty of Securities Intermediary to Exercise Rights as Directed

by Entitlement Holder.

A securities intermediary shall exercise rights with respect to

a financial asset if directed to do so by an entitlement holder. A

securities intermediary satisfies the duty if:

(1) the securities intermediary acts with respect to the

duty as agreed upon by the entitlement holder and the

securities intermediary; or

(2) in the absence of agreement, the securities

intermediary either places the entitlement holder in a

position to exercise the rights directly or exercises

due care in accordance with reasonable commercial

standards to follow the direction of the entitlement

holder.