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§ 1303. Access by fiduciaries

Oklahoma Statutes AnnotatedTitle 6. Banks and Trust Companies

Oklahoma Statutes Annotated
Title 6. Banks and Trust Companies (Refs & Annos)
Chapter 1. Oklahoma Banking Code
Article XIII. Safe Deposit and Safekeeping Facilities
6 Okl.St.Ann. § 1303
§ 1303. Access by fiduciaries
Currentness
A. Where access to a safe deposit box is requested by one or more persons acting as fiduciaries, the lessor may, except as otherwise expressly provided in the lease or the writings pursuant to which such fiduciaries are acting, allow access thereto and removal of the contents of the safe deposit box upon obtaining proper receipt from:
1. Any one or more of the persons acting as executors or administrators;
2. Any one or more of the persons otherwise acting as fiduciaries when authorized in writing signed by all other persons so acting; or
3. Any agent authorized in writing signed by all of the persons acting as fiduciaries.
B. No lessor shall be liable for damages for allowing or refusing access or removal of the contents of the safety deposit box under the provisions of subsection A of this section.
C. For purposes of this article, the term “fiduciaries” shall be deemed to include, in addition to those entities and individuals set forth in Section 102 of this title, a duly appointed and authorized attorney in fact under a power of attorney.

Credits

Laws 1965, c. 161, § 1303; Laws 1997, c. 111, § 100, eff. July 1, 1997.
6 Okl. St. Ann. § 1303, OK ST T. 6 § 1303
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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