§58-3038. Retirement plans.
A. In this section, “retirement plan” means a plan or account created by an employer, the principal or another individual to provide retirement benefits or deferred compensation of which the principal is a participant, beneficiary or owner, including a plan or account under the following sections of the Internal Revenue Code: 1. An individual retirement […]
§58-3039. Taxes.
Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to taxes authorizes the agent to: 1. Prepare, sign and file federal, state, local and foreign income, gift, payroll, property, Federal Insurance Contributions Act and other tax returns, claims for refunds, requests for extension of time, petitions […]
§58-3040. Gifts.
A. In this section, a gift “for the benefit of” a person includes a gift to a trust, an account under the Uniform Transfers to Minors Act (1983/1986), and a tuition savings account or prepaid tuition plan as defined under Internal Revenue Code Section 529, 26 U.S.C., Section 529, as amended. B. Unless the power […]
§58-3041. Statutory power of attorney form.
A document substantially in the following form may be used to create a statutory power of attorney form that has the meaning and effect prescribed by this act. OKLAHOMA STATUTORY POWER OF ATTORNEY FORM IMPORTANT INFORMATION This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). […]
§58-3042. Agent’s certification.
The following optional form may be used by an agent to certify facts concerning a Power of Attorney. AGENT’S CERTIFICATION AS TO THE VALIDITY OF POWER OF ATTORNEY AND AGENT’S AUTHORITY State of _____________________________ County of ___________________________ I, _____________________________________________ (Name of Agent), certify under penalty of perjury that __________________________________________(Name of Principal) granted me authority as […]
§58-3043. Uniformity of application.
In applying and construing this uniform act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among the states that enact it. Added by Laws 2021, c. 332, § 43, eff. Nov. 1, 2021.
§58-3044. Relation to Electronic Signatures in Global and National Commerce Act.
This act modifies, limits and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C., Section 7001 et seq., but does not modify, limit or supersede Section 101(c) of that act, 15 U.S.C., Section 7001(c), or authorize electronic delivery of any of the notices described in Section 103(b) of that act, 15 […]
§58-3045. Effect on existing powers of attorney.
Except as otherwise provided in this act, on the effective date of this act: 1. This act applies to a power of attorney created before, on or after the effective date of this act; 2. This act applies to a judicial proceeding concerning a power of attorney commenced on or after the effective date of […]
§58-3022. Laws applicable to financial institutions and entities.
This act does not supersede any other law applicable to financial institutions or other entities, and the other law controls if inconsistent with this act. Added by Laws 2021, c. 332, § 22, eff. Nov. 1, 2021.
§58-3023. Remedies under other law.
The remedies under this act are not exclusive and do not abrogate any right or remedy under the law of this state other than this act. Added by Laws 2021, c. 332, § 23, eff. Nov. 1, 2021.