Oklahoma § 6-910.3 - Variation by agreement — When permitted

Full text of Oklahoma Oklahoma Statutes § 6-910.3 — Variation by agreement — When permitted, with citation guidance and answers to common questions.

§ 6-910.3. Variation by agreement — When permitted

A. The effect of Sections 2 through 6, 8 through 11, and

Section 13 of this act may not be varied by agreement, except as

provided in those sections. Subject to subsection B of this

section, the effects of Sections 7, 12, and 13 of this act may be

varied by agreement.

B. A provision in an account agreement or other record that

substantially excuses liability or substantially limits remedies for

failure to perform an obligation under this act is not sufficient to

vary the effect of a provision of this act.

C. If a beneficiary is a party to an account agreement, the

bank and the depositor may amend the agreement without the consent

of the beneficiary only if the agreement expressly permits the

amendment.

D. If a beneficiary is not a party to an agreement and the bank

and the depositor know the beneficiary has knowledge of the

agreement’s terms, the bank and the depositor may amend the

agreement without the consent of the beneficiary only if the

amendment does not adversely and materially affect a payment right

of the beneficiary.

Oklahoma Statutes - Title 6. Banks and Trust Companies

E. If a beneficiary is not a party to an account agreement and

the bank and the depositor do not know whether the beneficiary has

knowledge of the agreement’s terms, the bank and the depositor may

amend the agreement without the consent of the beneficiary only if

the amendment is made in good faith.

Added by Laws 2024, c. 174, § 4, eff. Nov. 1, 2024.

Frequently Asked Questions About Oklahoma § 6-910.3

What does Oklahoma Statutes § 6-910.3 cover?

Section 6-910.3 ("Variation by agreement — When permitted") 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 § 6-910.3?

A common citation format is "Oklahoma Statutes § 6-910.3" (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 § 6-910.3 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.