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OK SB889
Bill
AI Summary
- Creates a rebuttable presumption of undue influence when property belonging to an elderly or disabled person is transferred for less than full consideration by someone in a position of trust
- Applies to persons who hold a confidence, real or apparent authority over, or fiduciary relationship with the elderly or disabled person
- Codifies the new provision as Section 10-113 of Title 43A of the Oklahoma Statutes
- Effective date: November 1, 2011
Legislative Description
Vulnerable adults; establishing rebuttable presumption for certain transfer of property. Codification. Effective date.
Property
Last Action
Second Reading referred to Judiciary
2/14/2011
Committee Referrals
Judiciary2/14/2011
Full Bill Text
No bill text available