Okla. Stat. tit. 6, § 6-910.12

Termination of special deposit

Last amended: 2024Year: 2026Length: 100 wordsOfficial source
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.
Okla. Stat. tit. 6, § 6-910.12: Termination of special deposit | Justis AI