Oklahoma § 15-1017 - Construction of power relating to retirement plan
Full text of Oklahoma Oklahoma Statutes § 15-1017 — Construction of power relating to retirement plan, with citation guidance and answers to common questions.
§ 15-1017. Construction of power relating to retirement plan
transactions.
CONSTRUCTION OF POWER RELATING TO RETIREMENT PLAN TRANSACTIONS
In a statutory power of attorney, the language granting power
with respect to retirement plan transactions empowers the agent to:
1. Select payment options under any retirement plan in which
the principal participates, including plans for self-employed
individuals;
2. Make voluntary contributions to those plans;
3. Exercise the investment powers available under any selfdirected retirement plan;
4. Make "rollovers" of plan benefits into other retirement
plans;
5. If authorized by the plan, borrow from, sell assets to, and
purchase assets from the plan; and
6. Waive the right of the principal to be a beneficiary of a
joint or survivor annuity if the principal is a spouse who is not
employed.
Added by Laws 1998, c. 420, § 17, eff. Nov. 1, 1998.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 15-1017
What does Oklahoma Statutes § 15-1017 cover?
Section 15-1017 ("Construction of power relating to retirement plan") 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 § 15-1017?
A common citation format is "Oklahoma Statutes § 15-1017" (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 § 15-1017 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.