Okla. Stat. tit. 18, § 18-381.48a: Sole owner accounts without payable-on-death

beneficiary – Transfer of deposits to known heirs - Affidavit.

A. When a deposit has been made in an association in the name

of a sole individual without designation of a payable-on-death

beneficiary, upon the death of the sole owner of the deposit

account, if the amount of the aggregate deposits held in single

ownership accounts in the name of the deceased individual is Five

Thousand Dollars ($5,000.00) or less, the association may transfer

the funds to the known heirs of the deceased upon receipt of an

affidavit sworn to by the known heirs of the deceased which

establishes jurisdiction and relationship and states that the owner

of the deposit account left no will. The affidavit shall be sworn

to and signed by the known heirs of the deceased and same shall

swear that the facts set forth in the affidavit establishing

jurisdiction, heirship and intestacy are true and correct.

B. Receipt by the association of the affidavit described in

subsection A of this section shall be a valid and sufficient release

and discharge to the association for any transfer of deposits made

pursuant thereto and shall set to discharge the association from

liability as to any other party, including any heir, legatee,

devisee, creditor or other person having rights or claims to funds

or property of the decedent, and include a discharge of the

association from liability for any estate, inheritance or other

taxes which may be due the state from the estate or as a result of

the transfer.

C. Any person who knowingly submits and signs a false affidavit

as provided in this section shall be fined not more than Three

Thousand Dollars ($3,000.00) or imprisoned for not more than six (6)

months, or both. Restitution of the amount fraudulently attained

shall be made to the rightful beneficiary by the guilty person.