Oklahoma Statutes
§ 6-910.4 — Special deposit requirements.
Oklahoma·Title 6 Banks And Trust Companies
A deposit is a special deposit if it is: 1. A deposit of funds in a bank under an account agreement; 2. For the benefit of at least two (2) beneficiaries, one or more of whom may be a depositor; 3. Denominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government; 4. For a permissible purpose stated in the account agreement; and 5. Subject to a contingency.
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Oklahoma § 6-910.4 (Special deposit requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 2024, c. 174, § 5, eff. Nov. 1, 2024.
Nearby Sections
15
§ 6-1001
Powers of trust companies.§ 6-1009
Official's oath or affidavit.§ 6-101
Short title.§ 6-1010
Common trust funds.