§58-1221. Minor’s death or attainment of majority.
A. The custodian shall transfer in an appropriate manner the custodial property to the minor, the minor’s estate, or the minor’s beneficiary as prescribed in paragraph 2 of subsection A of Section 1210 of this title upon the earlier of: 1. The minor’s attainment of eighteen (18) years of age with respect to custodial property […]
§58-3004. Power of attorney is durable.
A power of attorney created under this act is durable unless it expressly provides that it is terminated by the incapacity of the principal. Added by Laws 2021, c. 332, § 4, eff. Nov. 1, 2021.
§58-1222. Transfer under other laws after effective date of act.
The Oklahoma Uniform Transfers to Minors Act applies to a transfer within the scope of the provisions of Section 3 of this act which is made after the effective date of this act if: 1. the transfer purports to have been made according to the provisions of the Oklahoma Uniform Gifts to Minors Act; or […]
§58-3005. Execution of power of attorney.
A power of attorney must be signed by the principal or in the principal’s conscious presence by another individual directed by the principal to sign the principal’s name on the power of attorney. A signature on a power of attorney is presumed to be genuine if the principal acknowledges the signature before a notary public […]
§58-1223. Transfers under other law prior to effective date.
A. Any transfer of custodial property as that term is defined in the Oklahoma Uniform Transfers to Minors Act made before the effective date of this act is validated although there was no specific authority in the Oklahoma Uniform Gifts to Minors Act for the coverage of custodial property of that kind or for a […]
§58-3006. Validity of power of attorney.
A. A power of attorney executed in this state on or after the effective date of this act is valid if its execution complies with Section 5 of this act. B. A power of attorney executed in this state before the effective date of this act is valid if its execution complied with the law […]
§58-1224. Application and construction.
The Oklahoma Uniform Transfers to Minors Act shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it. Added by Laws 1986, c. 261, § 24, eff. Nov. 1, 1986.
§58-3007. Meaning and effect of power of attorney.
The meaning and effect of a power of attorney is determined by the law of the jurisdiction indicated in the power of attorney and, in the absence of an indication of jurisdiction, by the law of the jurisdiction in which the power of attorney was executed. Added by Laws 2021, c. 332, § 7, eff. […]
§58-1225. Inapplicability of law to certain transfers – Effect.
To the extent that the Oklahoma Uniform Transfers to Minors Act, by virtue of subsection B of Section 23 of this act, does not apply to transfers made in a manner prescribed in the Oklahoma Uniform Gifts to Minors Act or to the powers, duties, and immunities conferred by transfers in that manner upon custodians […]
§58-3008. Nomination of guardian – Relation of agent to court-appointed fiduciary.
A. In a power of attorney, a principal may nominate a guardian of the principal’s estate or guardian of the principal’s person for consideration by the court if protective proceedings for the principal’s estate or person are begun after the principal executes the power of attorney. Except for good cause shown or disqualification, the court […]