Oklahoma § 6-2024 - Joint tenancy shares and deposits
Full text of Oklahoma Oklahoma Statutes § 6-2024 — Joint tenancy shares and deposits, with citation guidance and answers to common questions.
§ 6-2024. Joint tenancy shares and deposits
When shares are owned or a deposit is made in the joint names of
a member and one or more persons, payable to any of them or the
survivor, such shares or deposit, or any part thereof, or any
dividends or interest thereon, may be paid to any of the persons,
whether one of those persons shall be a minor or not, and whether
the other or others be living or not; and the receipt or acquittance
of the person so paid shall be a valid and sufficient release and
discharge to the credit union for any payment so made. The pledge
or hypothecation to the credit union of all or part of shares or
deposits so held in joint tenancy, signed by any joint tenant, shall
be a valid pledge of all or that part of the shares or deposit
Oklahoma Statutes - Title 6. Banks and Trust Companies
pledged or hypothecated, and shall not operate to sever the joint
and survivorship status of the shares or deposit.
Added by Laws 1981, c. 156, § 4, emerg. eff. May 8, 1981.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 6-2024
What does Oklahoma Statutes § 6-2024 cover?
Section 6-2024 ("Joint tenancy shares and deposits") 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 § 6-2024?
A common citation format is "Oklahoma Statutes § 6-2024" (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 § 6-2024 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.