{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-8-508","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-8-508","heading":"Duty of Securities Intermediary to Change Entitlement","body":"Holder's Position to Other Forms of Security Holding.\n\nDuty of Securities Intermediary to Change Entitlement Holder's\n\nPosition to Other Forms of Security Holding.\n\nA securities intermediary shall act at the direction of an\n\nentitlement holder to change a security entitlement into another\n\navailable form of holding for which the entitlement holder is\n\neligible, or to cause the financial asset to be transferred to a\n\nsecurities account of the entitlement holder with another securities\n\nintermediary. A securities intermediary satisfies the duty if:\n\n(1) the securities intermediary acts as agreed upon by the\n\nentitlement holder and the securities intermediary; or\n\n(2) in the absence of agreement, the securities\n\nintermediary exercises due care in accordance with\n\nreasonable commercial standards to follow the\n\ndirection of the entitlement holder.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"da109fcad1c5a09eb2a584ad6b9b7c2fdf593366e88d71e8168bd017c3f84b67","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-8-507","next":"us-ok/okla.-stat.-tit.-12a-12a-8-509"},"notice":"GroundRules: Original legal text. Not legal advice."}