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Title 6. Banks and Trust Companies

Oklahoma Statutes Citationized
  Title 6. Banks and Trust Companies
    Chapter 1 - Oklahoma Banking Code
        Article Article XIII - Safe Deposit and Safekeeping Facilities
        Section 1303 - Access by Fiduciaries
Cite as: O.S. §, __ __




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.

Historical Data


Added by Laws 1965, c. 161, § 1303.; Amended by Laws 1997, c. 111, § 100, eff. July 01,1997 (superseded document available).

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Title 6. Banks and Trust Companies
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 6 O.S. 102, DefinitionsCited