Okla. Stat. tit. 6 § 910.4

Current through Laws 2024, c. 453.

Section 910.4 - [Effective 11/1/2024]

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.

Okla. Stat. tit. 6, § 910.4

Added by Laws 2024, c. 174,s. 5, eff. 11/1/2024.