OK HB2364

Amends 6 O.S. 2011, Section 906 to allow banks and credit unions to transfer funds from deceased sole account owners to known heirs without probate if account balance is $20,000 or less

Heirs must submit a sworn affidavit establishing jurisdiction, relationship to deceased, and stating either that deceased left no will or that the deposits are the only known assets

Expands safe deposit box provisions to allow banks/credit unions to open boxes and release contents to heirs upon receipt of similar affidavit signed by all known heirs

Allows heirs who cannot be physically present to appoint an agent by written authorization that must be notarized

Creates criminal penalty: anyone knowingly submitting false affidavit faces fines up to $3,000 and/or up to 6 months imprisonment, plus restitution to rightful beneficiary; effective November 1, 2014