§ 1301.2. Authorization for access to safe deposit box upon death of lessee
Oklahoma Statutes AnnotatedTitle 6. Banks and Trust CompaniesEffective: November 1, 2017
Effective: November 1, 2017
6 Okl.St.Ann. § 1301.2
§ 1301.2. Authorization for access to safe deposit box upon death of lessee
B. The authorization shall be in writing in the following form: “I hereby authorize access to safe deposit box (number or other identification) at (name of financial institution) upon my death to (name of person).” The form shall be signed and dated by the lessee, and the signature of the lessee shall be notarized. The authorization may be revoked in writing in the following form: “I hereby revoke the authorization for access to safe deposit box (number or other identification) at (name of financial institution) upon my death to (name of person).” The revocation form shall be signed and dated by the lessee, and the signature of the lessee shall be notarized. The authorization also shall be revoked as a matter of law if the lessee is divorced from the person to whom the authorization was granted, and no subsequent written authorization to the former spouse is executed. A copy of any written authorization and any written revocation shall be provided to the financial institution at which the safe deposit box is located. In the event there is more than one lessee for a safe deposit box, all the lessees must authorize access in the manner provided by this subsection.
D. Upon receipt of an affidavit as provided in subsection C of this section, the financial institution shall release all contents of the safe deposit box to the affiant. The affiant shall take possession of all contents of the safe deposit box and shall have the power to terminate the lease on the safe deposit box and close it.
Credits
Laws 2006, c. 151, § 2, eff. Nov. 1, 2006; Laws 2017, c. 53, § 1, eff. Nov. 1, 2017.
6 Okl. St. Ann. § 1301.2, OK ST T. 6 § 1301.2
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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