{"data":{"id":"us-ok/okla.-stat.-tit.-58-58-1063","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 58, § 58-1063","heading":"Supervised power of attorney","body":"A. Any person over eighteen (18) years of age may execute a\n\nsupervised power ofattorney pursuant to the provisions of this\n\nsection.\n\nB. A supervised power of attorney is a power of attorney by\n\nwhich a person nominates another to be the attorney-in-fact of such\n\nperson and charges such attorney-in-fact with the care, custody and\n\nmanagement of the estate of such person and which is approved by the\n\ncourt as such.\n\nC. Any such nomination shall be by a written instrument\n\napproved by the district court of the county of residence of the\n\nperson executing the power upon a petition filed by such person.\n\nBefore approving any such nomination, the court shall cause\n\nnotice of such petition to be:\n\n1. published for at least one (1) time in a newspaper,\n\nauthorized to publish legal notices, of general circulation in the\n\ncounty in which the petition has been filed; and\n\n2. mailed by certified mail to each heir-at-law of the person\n\ncreating the power at such heir's address as last known to the\n\npetitioner.\n\nSuch notice shall be published or mailed as required, at least\n\nten (10) days prior to the date set by the court for hearing on the\n\npetition. After hearing and examination upon such petition, the\n\ndistrict court shall approve of such supervised power of attorney if\n\nit appears to the court that such approval would be in the best\n\ninterest of the petitioner.\n\nD. The holder of a supervised power of attorney shall give bond\n\nto the State of Oklahoma in like manner and with like conditions as\n\nprovided for guardians of incapacitated and partially incapacitated\n\npersons unless the court determines that a bond is not necessary.\n\nE. Upon the appointment of a holder of a supervised power of\n\nattorney and approval thereof by the court, the person shall not\n\nthereafter have the power to enter into any contract creating an\n\nobligation against his estate except for necessities. All acts done\n\nby the holder of a supervised power of attorney shall have the same\n\neffect and inure to the benefit of and bind such person and his\n\nheirs-at-law. A supervised power of attorney shall not be affected\n\nby the subsequent disability or incapacity of the person executing\n\nit.\n\nF. The holder of a supervised power of attorney shall be\n\nrequired to make at least an annual accounting to the court and to\n\nthe person of any receipts and disbursements received or\n\nexpenditures made by the holder of the supervised power of attorney\n\non behalf of such person during the previous year. The court shall\n\nset the accounting for hearing and cause notice to be mailed to the\n\nperson and to each of his heirs-at-law at such heir's address as\n\nlast known to the holder of the power of attorney at least ten (10)\n\ndays prior to the hearing. At the hearing the court shall examine\n\nsuch account and approve the same if all receipts appear to be\n\naccounted for and if all expenditures appear to be proper and in the\n\nbest interests of the ward.\n\nG. The holder of a supervised power of attorney may receive as\n\ncompensation for his services the compensation provided by law for\n\nguardians pursuant to the provisions of Section 4-401 of Title 30 of\n\nthe Oklahoma Statutes if allowed by the court.\n\nH. Except as otherwise provided in this section, the holder of\n\na supervised power of attorney shall comply with all laws applying\n\nto the estate of a person under guardianship insofar as they pertain\n\nto the sale, mortgage or leasing of the property of a person\n\ngranting such power.\n\nI. A supervised power of attorney may be discharged by the\n\ncourt upon the application of the person, any of his heirs-at-law,\n\nor the holder of the supervised power of attorney or otherwise upon\n\nsuch notice to the person, his heirs-at-law, or the holder of the\n\nsupervised power of attorney not joining in the petition as the\n\ncourt may determine reasonable and proper, when it appears that the\nr.\n\nI. A supervised power of attorney may be discharged by the\n\ncourt upon the application of the person, any of his heirs-at-law,\n\nor the holder of the supervised power of attorney or otherwise upon\n\nsuch notice to the person, his heirs-at-law, or the holder of the\n\nsupervised power of attorney not joining in the petition as the\n\ncourt may determine reasonable and proper, when it appears that the\n\nsupervised power of attorney is no longer necessary. Upon the\n\ntermination of a supervised power of attorney, a holder of a\n\nsupervised power of attorney shall account to the court and shall\n\nturn over all assets in his possession belonging to the person\n\neither to such person or to his personal representative as the court\n\nshall direct.\n\nJ. A holder of a supervised power of attorney shall keep safe\n\nthe estate of the person and shall perform diligently and in good\n\nfaith, as a prudent person would manage his own property, not with\n\nregard to speculation but with regard to conservation and growth,\n\nthe specific duties and powers granted by the supervised power of\n\nattorney.\n\nK. As used in this section the term \"heirs-at-law\" shall mean\n\nthose persons then living who would inherit from the person\n\nexecuting the supervised power of attorney under Section 213 of\n\nTitle 84 of the Oklahoma Statutes should such person die at the time\n\nin question.","path":["OK Code","Title 58"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os58.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"10a767145dfcbe6e90d40c7081543c6af262b376492ea7bf08c675090793b43a","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-58-58-106","next":"us-ok/okla.-stat.-tit.-58-58-107"},"notice":"GroundRules: Original legal text. Not legal advice."}