Oklahoma § 18-381.42 - Deposit accounts of incompetents
Full text of Oklahoma Oklahoma Statutes § 18-381.42 — Deposit accounts of incompetents, with citation guidance and answers to common questions.
§ 18-381.42. Deposit accounts of incompetents
When a deposit account is held in any association or federal
association by a person who becomes incompetent and an adjudication
of incompetency has been made by a court of competent jurisdiction,
such an association may pay or deliver the withdrawal value of such
deposit account and any earnings that may have accrued thereon to
the guardian or conservator for such person upon proof of the
appointment and qualification of such guardian or conservator.
However, if such association has received no written notice and is
not on actual notice that such deposit account holder has been
adjudicated incompetent, it may pay such funds to such holder or
transfer the deposit account on the order of the deposit account
holder, and such payment or transfer shall be a valid and sufficient
release and discharge of the association for the payment or transfer
so made.
Added by Laws 1970, c. 101, § 42, eff. June 1, 1970. Amended by
Laws 1978, c. 168, § 16, eff. July 1, 1979; Laws 2000, c. 81, § 40,
eff. Nov. 1, 2000.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 18-381.42
What does Oklahoma Statutes § 18-381.42 cover?
Section 18-381.42 ("Deposit accounts of incompetents") 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 § 18-381.42?
A common citation format is "Oklahoma Statutes § 18-381.42" (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 § 18-381.42 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.