Oklahoma § 6-702 - Liability of fiduciaries owning stock

Full text of Oklahoma Oklahoma Statutes § 6-702 — Liability of fiduciaries owning stock, with citation guidance and answers to common questions.

§ 6-702. Liability of fiduciaries owning stock

Persons holding stock as executors, administrators, guardians or

trustees shall not be personally subject to any liabilities as

stockholders; but the estates and funds in their hands shall be

liable in like manner and to the same extent as the testator,

intestate, ward, or person interested in such trust funds would be,

if living and competent to act and hold the stock in his own name.

Added by Laws 1965, c. 161, § 702.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 6-702

What does Oklahoma Statutes § 6-702 cover?

Section 6-702 ("Liability of fiduciaries owning stock") 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 § 6-702?

A common citation format is "Oklahoma Statutes § 6-702" (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 § 6-702 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.