Okla. Stat. tit. 6, § 6-905
This is the official text of Okla. Stat. tit. 6, § 6-905, part of Oklahoma’s Stat. tit. 6, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 6,." Browse the sections below, each linked to its official government source.
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Adverse claims to deposits - Restraining order or
Official statutory text
injunction - Indemnity bond.
Notice to any bank or trust company doing business in this state
of an adverse claim to a deposit standing on its books to the credit
of any person shall not be effectual to cause said bank or trust
company to recognize said adverse claimant unless said adverse
claimant shall also either procure a restraining order, injunction
or other appropriate process against said bank or trust company from
a court of competent jurisdiction in a cause therein instituted by
him wherein the person to whose credit the deposit stands is made a
party and served with summons or shall execute to said bank or trust
company, in form and with sureties acceptable to it, a bond,
indemnifying said bank or trust company from any and all liability,
loss, damage, costs and expenses, for and on account of the payment
of such adverse claim or the dishonor of the check or other order of
the person to whose credit the deposit stands on the books of said
bank or trust company; provided, that this law shall not apply in
any instance where the person to whose credit the deposit stands is
a fiduciary for such adverse claimant, and the facts constituting
such relationship are made to appear by the affidavit of such
claimant.
Notice to any bank or trust company doing business in this state
of an adverse claim to a deposit standing on its books to the credit
of any person shall not be effectual to cause said bank or trust
company to recognize said adverse claimant unless said adverse
claimant shall also either procure a restraining order, injunction
or other appropriate process against said bank or trust company from
a court of competent jurisdiction in a cause therein instituted by
him wherein the person to whose credit the deposit stands is made a
party and served with summons or shall execute to said bank or trust
company, in form and with sureties acceptable to it, a bond,
indemnifying said bank or trust company from any and all liability,
loss, damage, costs and expenses, for and on account of the payment
of such adverse claim or the dishonor of the check or other order of
the person to whose credit the deposit stands on the books of said
bank or trust company; provided, that this law shall not apply in
any instance where the person to whose credit the deposit stands is
a fiduciary for such adverse claimant, and the facts constituting
such relationship are made to appear by the affidavit of such
claimant.
Status: in_force · Read it on the official government site
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