Oklahoma § 6-910.12 - Termination of special deposit
Full text of Oklahoma Oklahoma Statutes § 6-910.12 — Termination of special deposit, with citation guidance and answers to common questions.
§ 6-910.12. Termination of special deposit
A. Unless otherwise provided in the account agreement, a
special deposit terminates five (5) years after the date the special
deposit was first funded.
B. Unless otherwise provided in the account agreement, if the
bank cannot identify or locate a beneficiary entitled to payment
when the special deposit is terminated, and a balance remains in the
special deposit, the bank shall pay the balance to the depositor or
depositors as a beneficiary or beneficiaries.
C. A bank that pays the remaining balance as provided under
subsection B of this section has no further obligation with respect
to the special deposit.
Added by Laws 2024, c. 174, § 13, eff. Nov. 1, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 6-910.12
What does Oklahoma Statutes § 6-910.12 cover?
Section 6-910.12 ("Termination of special deposit") 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 § 6-910.12?
A common citation format is "Oklahoma Statutes § 6-910.12" (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 § 6-910.12 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.