Oklahoma § 12-81 - Payments into court for infant or incompetent person Disposition
Full text of Oklahoma Oklahoma Statutes § 12-81 — Payments into court for infant or incompetent person Disposition, with citation guidance and answers to common questions.
§ 12-81. Payments into court for infant or incompetent person Disposition
Where any amount of money not exceeding One Thousand Five
Hundred Dollars ($1,500.00) shall be deposited and paid into any
court of record of this state by virtue of any judgment, order,
settlement, distribution or decree for the use and benefit of, and
to the credit of, any minor or incompetent person having no legal
guardian of his estate within this state, and no person shall within
ninety (90) days thereafter become the legal and qualified guardian
of the estate of such minor or incompetent person, if it appears to
the court that such money is needed for the support of such minor or
incompetent person or that it is otherwise for the best interest of
such minor or incompetent person, the court may, in its discretion,
order payment of such funds to be made to any proper and suitable
person as trustee for such minor or incompetent person, with bond,
as the court may direct, to be expended for the support, use, and
benefit of such minor or incompetent person. Such order may be made
by the court in the original cause in which the funds are credited
upon the application of any interested person; and the court may
direct the clerk of the court to make payment of the same to be made
in installments or in one lump sum as may seem for the best
interests of such minor or incompetent person.
Added by Laws 1931, p. 2, § 1, emerg. eff. Feb. 26, 1931. Amended
by Laws 1951, p. 24, § 1, emerg. eff. May 4, 1951; Laws 2024, c.
299, § 1, eff. Nov. 1, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 12-81
What does Oklahoma Statutes § 12-81 cover?
Section 12-81 ("Payments into court for infant or incompetent person Disposition") 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 § 12-81?
A common citation format is "Oklahoma Statutes § 12-81" (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 § 12-81 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.