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OK SB1895

Bill

Official Source

Status

Introduced

2/6/2012

Primary Sponsor

Brian Crain

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Amends 58 O.S. 2011, Section 1214 regarding custodian authority over custodial property
  • Updates statutory reference in Section 1214(B) from "Section 13" to "Section 1213" and changes "act" to "title"
  • Custodians retain all rights and powers of unmarried adult owners over custodial property but may only exercise those rights in custodial capacity
  • Custodians remain liable for breach of provisions in Section 1213
  • Effective date: November 1, 2012

Legislative Description

Probate procedure; updating statutory reference. Effective date.

Property

Last Action

Second Reading referred to Rules

2/8/2012

Committee Referrals

Rules2/8/2012

Full Bill Text

No bill text available