Oklahoma § 58-3116 - Compliance with request to disclose digital assets or

§ 58-3116. Compliance with request to disclose digital assets or

terminate an account — Immunity from liability.

A. Not later than sixty (60) days after receipt of the

information required under Sections 7 through 15 of this act, a

custodian shall comply with a request under this act from a

fiduciary or designated recipient to disclose digital assets or

terminate an account. If the custodian fails to comply, the

fiduciary or designated recipient may apply to the court for an

order directing compliance.

B. An order under subsection A of this section directing

compliance must contain a finding that compliance is not in

violation of 18 U.S.C., Section 2702.

C. A custodian may notify the user that a request for

disclosure or to terminate an account was made under this act.

D. A custodian may deny a request under this act from a

fiduciary or designated recipient for disclosure of digital assets

or to terminate an account if the custodian is aware of any lawful

access to the account following the receipt of the fiduciary's

request.

E. This act does not limit a custodian's ability to obtain or

require a fiduciary or designated recipient requesting disclosure or

termination under this act to obtain a court order which:

1. Specifies that an account belongs to the protected person or

principal;

2. Specifies that there is sufficient consent from the

protected person or principal to support the requested disclosure;

and

3. Contains a finding required by law other than this act.

F. A custodian and its officers, employees, and agents are

immune from liability for an act or omission done in good faith in

compliance with this act.

Added by Laws 2024, c. 115, § 16, eff. Nov. 1, 2024.