Okla. Stat. tit. 60, § 60-175.15: Trustee owning stock in name of nominee - Exemption

A trustee owning stock may hold it in the name of a nominee,

without mention of the trust in the stock certificate or stock

registration book; provided that:

A. The trust records and all reports or accounts rendered by

the trustee, clearly show the ownership of the stock by the trustee,

and the facts regarding its holdings;

B. The nominee deposits with the trustee a signed statement

showing the trust ownership, endorses the stock certificate in

blank, and does not have possession of the stock certificate or

access thereto except under the immediate supervision of the

trustee. The trustee shall be personally liable for any loss to the

trust resulting from any wrongful or negligent act of such nominee

in connection with stock so held; and

C. The provisions of this section shall not apply to a bank,

trust company or national banking association.