Oklahoma § 6-909 - Powers of authorized signer

§ 6-909. Powers of authorized signer

A. Unless the deposit account agreement states otherwise, an

authorized signer on a deposit account shall have the following

powers, regardless of whether the account is a consumer or

commercial account:

1. Sign checks;

2. Make deposits of checks payable to the account owner into

the account;

3. Make cash deposits into the account;

4. Obtain an account balance;

5. View copies of checks he or she has signed; and

6. Obtain deposit slips when making a deposit.

B. If additional authority is not expressly granted in the

deposit account agreement, additional powers may be granted in

writing by the owner of the account. If the account is an

individual account, the owner may execute an additional

authorization document. It must be dated and in writing and may be

Oklahoma Statutes - Title 6. Banks and Trust Companies

revoked or amended at any time by the account owner. If there are

multiple owners, all must execute the additional authorization

document. If the account is owned by an entity, the entity must

approve the grant of additional powers in the same manner as it

appoints authorized signers.

C. A customer may initial next to the additional powers to be

granted and line through those that are not being granted, pursuant

to subsection D of this section.

D. Form for Additional Powers for Authorized Signer:

I, the undersigned account owner or duly empowered

representative of the account owner, hereby grant and approve the

following additional powers for authorized signer(s) on account

# _______________________. Bank name ______________________.

____________ Obtain and use a debit card or automated teller

machine card

____________ Obtain copies of statements on the account from the

bank

____________ Order checks

____________ Obtain copies of checks or other transactions on

the account

____________ Authorize or terminate automated clearing house

debits to the account

____________ Complete affidavits of forgery

____________ Initiate a change of address for the account

____________ Withdraw cash up to $___________

____________ Dispute a card transaction on the account

____________ Report a lost or stolen card on the account

____________ Use online banking to view transactions on the

account

____________ Set up online bill payments

____________ Use the mobile app to access information about the

account.

Added by Laws 2021, c. 316, § 1, eff. Nov. 1, 2021.

NOTE: Editorially renumbered from § 908 of this title to avoid a

duplication in numbering.