Okla. Stat. tit. 12, § 12-81
This is the official text of Okla. Stat. tit. 12, § 12-81, part of Oklahoma’s Stat. tit. 12, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12,." Browse the sections below, each linked to its official government source.
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Payments into court for infant or incompetent person -
Official statutory text
Disposition.
Where any amount of money not exceeding One Thousand Five
Hundred Dollars ($1,500.00) shall be deposited and paid into any
court of record of this state by virtue of any judgment, order,
settlement, distribution or decree for the use and benefit of, and
to the credit of, any minor or incompetent person having no legal
guardian of his estate within this state, and no person shall within
ninety (90) days thereafter become the legal and qualified guardian
of the estate of such minor or incompetent person, if it appears to
the court that such money is needed for the support of such minor or
incompetent person or that it is otherwise for the best interest of
such minor or incompetent person, the court may, in its discretion,
order payment of such funds to be made to any proper and suitable
person as trustee for such minor or incompetent person, with bond,
as the court may direct, to be expended for the support, use, and
benefit of such minor or incompetent person. Such order may be made
by the court in the original cause in which the funds are credited
upon the application of any interested person; and the court may
direct the clerk of the court to make payment of the same to be made
in installments or in one lump sum as may seem for the best
interests of such minor or incompetent person.
Where any amount of money not exceeding One Thousand Five
Hundred Dollars ($1,500.00) shall be deposited and paid into any
court of record of this state by virtue of any judgment, order,
settlement, distribution or decree for the use and benefit of, and
to the credit of, any minor or incompetent person having no legal
guardian of his estate within this state, and no person shall within
ninety (90) days thereafter become the legal and qualified guardian
of the estate of such minor or incompetent person, if it appears to
the court that such money is needed for the support of such minor or
incompetent person or that it is otherwise for the best interest of
such minor or incompetent person, the court may, in its discretion,
order payment of such funds to be made to any proper and suitable
person as trustee for such minor or incompetent person, with bond,
as the court may direct, to be expended for the support, use, and
benefit of such minor or incompetent person. Such order may be made
by the court in the original cause in which the funds are credited
upon the application of any interested person; and the court may
direct the clerk of the court to make payment of the same to be made
in installments or in one lump sum as may seem for the best
interests of such minor or incompetent person.
Status: in_force · Read it on the official government site
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