Oklahoma § 18-381.43 - Deposit accounts of administrators, executors,
Full text of Oklahoma Oklahoma Statutes § 18-381.43 — Deposit accounts of administrators, executors,, with citation guidance and answers to common questions.
§ 18-381.43. Deposit accounts of administrators, executors,
conservators, guardians, trustees or other fiduciaries.
Any association or federal association may accept deposit
accounts in the name of any administrator, executor, conservator,
guardian, trustee, or other fiduciary for a named beneficiary or
beneficiaries. Any such fiduciary shall have power to vote as a
member of a mutual association as if the membership were held
absolutely, to open and to make additions to, and to withdraw such
deposit account in whole or in part. The withdrawal value of any
such deposit account, and earnings thereon, or other rights relating
thereto may be paid or delivered, in whole or in part, to such
fiduciary without regard to any notice to the contrary as long as
such fiduciary is living. The payment or delivery to any such
fiduciary or a receipt or acquittance signed by any such fiduciary
Oklahoma Statutes - Title 18. Corporations
to whom any such payment or any such delivery of rights is made
shall be a valid and sufficient release and discharge of an
association for the payment or delivery so made. Whenever a deposit
account shall be opened by any person who designates himself or
herself or another as trustee by written declaration of trust, which
provides that the trust shall terminate upon the death of such
person, then, in the event of the death of the person so described
as trustee, the withdrawal value of such deposit account or any part
thereof, together with the earnings thereon, may be paid to the
person for whom the deposit account was thus described to have been
opened. The payment or delivery to any such beneficiary,
beneficiaries or designated person for any such payment or delivery
shall be a valid and sufficient release and discharge of an
association for the payment or delivery so made.
Added by Laws 1970, c. 101, § 43, eff. June 1, 1970. Amended by
Laws 1978, c. 168, § 17, eff. July 1, 1979; Laws 1988, c. 65, § 24,
emerg. eff. March 25, 1988; Laws 2000, c. 81, § 41, eff. Nov. 1,
2000.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 18-381.43
What does Oklahoma Statutes § 18-381.43 cover?
Section 18-381.43 ("Deposit accounts of administrators, executors,") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 18-381.43?
A common citation format is "Oklahoma Statutes § 18-381.43" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 18-381.43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.