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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 6, § 6-910.12: Termination of special deposit

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Where this section sits in the code
  1. OK Code
  2. 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

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