Okla. Stat. tit. 6, § 6-910.12: Termination of special deposit
Where this section sits in the code
- OK Code
- Title 6
A. Unless otherwise provided in the account agreement, a
special deposit terminates five (5) years after the date the special
deposit was first funded.
B. Unless otherwise provided in the account agreement, if the
bank cannot identify or locate a beneficiary entitled to payment
when the special deposit is terminated, and a balance remains in the
special deposit, the bank shall pay the balance to the depositor or
depositors as a beneficiary or beneficiaries.
C. A bank that pays the remaining balance as provided under
subsection B of this section has no further obligation with respect
to the special deposit.
Collected 2026-09-14T18:32:36Z. Source file · JSON