Okla. Stat. tit. 18, § 18-381.48a
This is the official text of Okla. Stat. tit. 18, § 18-381.48a, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Sole owner accounts without payable-on-death
Official statutory text
beneficiary – Transfer of deposits to known heirs - Affidavit.
A. When a deposit has been made in an association in the name
of a sole individual without designation of a payable-on-death
beneficiary, upon the death of the sole owner of the deposit
account, if the amount of the aggregate deposits held in single
ownership accounts in the name of the deceased individual is Five
Thousand Dollars ($5,000.00) or less, the association may transfer
the funds to the known heirs of the deceased upon receipt of an
affidavit sworn to by the known heirs of the deceased which
establishes jurisdiction and relationship and states that the owner
of the deposit account left no will. The affidavit shall be sworn
to and signed by the known heirs of the deceased and same shall
swear that the facts set forth in the affidavit establishing
jurisdiction, heirship and intestacy are true and correct.
B. Receipt by the association of the affidavit described in
subsection A of this section shall be a valid and sufficient release
and discharge to the association for any transfer of deposits made
pursuant thereto and shall set to discharge the association from
liability as to any other party, including any heir, legatee,
devisee, creditor or other person having rights or claims to funds
or property of the decedent, and include a discharge of the
association from liability for any estate, inheritance or other
taxes which may be due the state from the estate or as a result of
the transfer.
C. Any person who knowingly submits and signs a false affidavit
as provided in this section shall be fined not more than Three
Thousand Dollars ($3,000.00) or imprisoned for not more than six (6)
months, or both. Restitution of the amount fraudulently attained
shall be made to the rightful beneficiary by the guilty person.
A. When a deposit has been made in an association in the name
of a sole individual without designation of a payable-on-death
beneficiary, upon the death of the sole owner of the deposit
account, if the amount of the aggregate deposits held in single
ownership accounts in the name of the deceased individual is Five
Thousand Dollars ($5,000.00) or less, the association may transfer
the funds to the known heirs of the deceased upon receipt of an
affidavit sworn to by the known heirs of the deceased which
establishes jurisdiction and relationship and states that the owner
of the deposit account left no will. The affidavit shall be sworn
to and signed by the known heirs of the deceased and same shall
swear that the facts set forth in the affidavit establishing
jurisdiction, heirship and intestacy are true and correct.
B. Receipt by the association of the affidavit described in
subsection A of this section shall be a valid and sufficient release
and discharge to the association for any transfer of deposits made
pursuant thereto and shall set to discharge the association from
liability as to any other party, including any heir, legatee,
devisee, creditor or other person having rights or claims to funds
or property of the decedent, and include a discharge of the
association from liability for any estate, inheritance or other
taxes which may be due the state from the estate or as a result of
the transfer.
C. Any person who knowingly submits and signs a false affidavit
as provided in this section shall be fined not more than Three
Thousand Dollars ($3,000.00) or imprisoned for not more than six (6)
months, or both. Restitution of the amount fraudulently attained
shall be made to the rightful beneficiary by the guilty person.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.