{"data":{"id":"us-ok/okla.-stat.-tit.-71-71-902","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 71, § 71-902","heading":"Definitions","body":"As used in the Oklahoma Uniform TOD Security Registration Act,\n\nunless the context otherwise requires:\n\n1. \"Beneficiary form\" means a registration of a security which\n\nindicates the present owner of the security and the intention of the\n\nowner regarding the person who will become the owner of the security\n\nupon the death of the owner;\n\n2. \"Devisee\" means any person designated in a will to receive a\n\ndisposition of real or personal property;\n\n3. \"Heirs\" means those persons, including the surviving spouse,\n\nwho are entitled under the statutes of intestate succession to the\n\nproperty of a decedent;\n\n4. \"Person\" means an individual, a corporation, a limited\n\nliability company, an organization, or other legal entity;\n\n5. \"Personal representative\" includes executor, administrator,\n\nsuccessor personal representative, special administrator, and\n\npersons who perform substantially the same function under the law\n\ngoverning their status;\n\n6. \"Property\" includes both real and personal property or any\n\ninterest therein and means anything that may be the subject of\n\nownership;\n\n7. \"Register\", including its derivatives, means:\n\na. to issue a certificate showing the ownership of a\n\ncertificated security,\n\nb. in the case of an uncertificated security, to initiate\n\nor transfer an account showing ownership of\n\nsecurities, or\n\nc. in the case of a certificated or uncertificated\n\nsecurity titled in the name of a registering entity or\n\nits nominee on behalf of one or more beneficial\n\nowners, to initiate or transfer an account showing\n\nbeneficial ownership of securities;\n\n8. \"Registering entity\" means a person who originates or\n\ntransfers a security title by registration, and includes a broker or\n\na bank maintaining security accounts for customers and a transfer\n\nagent or other person acting for or as an issuer of securities;\n\n9. \"Security\" means a share, participation, or other interest\n\nin property, in a business, or in an obligation of an enterprise or\n\nother issuer, and includes a certificated security, an\n\nuncertificated security, and a security account;\n\n10. \"Security account\" means:\n\na. a reinvestment account associated with a security, a\n\nsecurities account with a broker or a bank, a cash\n\nbalance in a brokerage account, cash, interest,\n\nearnings, or dividends earned or declared on a\n\nsecurity in an account, a reinvestment account, or a\n\nbrokerage account, whether or not credited to the\n\naccount before the owner's death, or\n\nb. a cash balance or other property held for or due to\n\nthe owner of a security as a replacement for or\n\nproduct of an account security, whether or not\n\ncredited to the account before the owner's death; and\n\n11. \"State\" includes any state of the United States, the\n\nDistrict of Columbia, the Commonwealth of Puerto Rico, and any\n\nterritory or possession subject to the legislative authority of the\n\nUnited States.","path":["OK Code","Title 71"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os71.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"e2309a38ac456ea7ad941b3e0032c9dd13d85f45ea814f9beab6af40b132ac9e","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-71-71-901","next":"us-ok/okla.-stat.-tit.-71-71-903"},"notice":"GroundRules: Original legal text. Not legal advice."}