Okla. Stat. tit. 15, § 15-1017: Construction of power relating to retirement plan
Where this section sits in the code
- OK Code
- Title 15
transactions.
CONSTRUCTION OF POWER RELATING TO RETIREMENT PLAN TRANSACTIONS
In a statutory power of attorney, the language granting power
with respect to retirement plan transactions empowers the agent to:
1. Select payment options under any retirement plan in which
the principal participates, including plans for self-employed
individuals;
2. Make voluntary contributions to those plans;
3. Exercise the investment powers available under any self-
directed retirement plan;
4. Make "rollovers" of plan benefits into other retirement
plans;
5. If authorized by the plan, borrow from, sell assets to, and
purchase assets from the plan; and
6. Waive the right of the principal to be a beneficiary of a
joint or survivor annuity if the principal is a spouse who is not
employed.
Collected 2026-09-14T18:32:36Z. Source file · JSON