Okla. Stat. tit. 6, § 6-909
This is the official text of Okla. Stat. tit. 6, § 6-909, 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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Powers of authorized signer
Official statutory text
A. Unless the deposit account agreement states otherwise, an
authorized signer on a deposit account shall have the following
powers, regardless of whether the account is a consumer or
commercial account:
1. Sign checks;
2. Make deposits of checks payable to the account owner into
the account;
3. Make cash deposits into the account;
4. Obtain an account balance;
5. View copies of checks he or she has signed; and
6. Obtain deposit slips when making a deposit.
B. If additional authority is not expressly granted in the
deposit account agreement, additional powers may be granted in
writing by the owner of the account. If the account is an
individual account, the owner may execute an additional
authorization document. It must be dated and in writing and may be
Oklahoma Statutes - Title 6. Banks and Trust Companies Page 113
revoked or amended at any time by the account owner. If there are
multiple owners, all must execute the additional authorization
document. If the account is owned by an entity, the entity must
approve the grant of additional powers in the same manner as it
appoints authorized signers.
C. A customer may initial next to the additional powers to be
granted and line through those that are not being granted, pursuant
to subsection D of this section.
D. Form for Additional Powers for Authorized Signer:
I, the undersigned account owner or duly empowered
representative of the account owner, hereby grant and approve the
following additional powers for authorized signer(s) on account
# _______________________. Bank name ______________________.
____________ Obtain and use a debit card or automated teller
machine card
____________ Obtain copies of statements on the account from the
bank
____________ Order checks
____________ Obtain copies of checks or other transactions on
the account
____________ Authorize or terminate automated clearing house
debits to the account
____________ Complete affidavits of forgery
____________ Initiate a change of address for the account
____________ Withdraw cash up to $___________
____________ Dispute a card transaction on the account
____________ Report a lost or stolen card on the account
____________ Use online banking to view transactions on the
account
____________ Set up online bill payments
____________ Use the mobile app to access information about the
account.
authorized signer on a deposit account shall have the following
powers, regardless of whether the account is a consumer or
commercial account:
1. Sign checks;
2. Make deposits of checks payable to the account owner into
the account;
3. Make cash deposits into the account;
4. Obtain an account balance;
5. View copies of checks he or she has signed; and
6. Obtain deposit slips when making a deposit.
B. If additional authority is not expressly granted in the
deposit account agreement, additional powers may be granted in
writing by the owner of the account. If the account is an
individual account, the owner may execute an additional
authorization document. It must be dated and in writing and may be
Oklahoma Statutes - Title 6. Banks and Trust Companies Page 113
revoked or amended at any time by the account owner. If there are
multiple owners, all must execute the additional authorization
document. If the account is owned by an entity, the entity must
approve the grant of additional powers in the same manner as it
appoints authorized signers.
C. A customer may initial next to the additional powers to be
granted and line through those that are not being granted, pursuant
to subsection D of this section.
D. Form for Additional Powers for Authorized Signer:
I, the undersigned account owner or duly empowered
representative of the account owner, hereby grant and approve the
following additional powers for authorized signer(s) on account
# _______________________. Bank name ______________________.
____________ Obtain and use a debit card or automated teller
machine card
____________ Obtain copies of statements on the account from the
bank
____________ Order checks
____________ Obtain copies of checks or other transactions on
the account
____________ Authorize or terminate automated clearing house
debits to the account
____________ Complete affidavits of forgery
____________ Initiate a change of address for the account
____________ Withdraw cash up to $___________
____________ Dispute a card transaction on the account
____________ Report a lost or stolen card on the account
____________ Use online banking to view transactions on the
account
____________ Set up online bill payments
____________ Use the mobile app to access information about the
account.
Status: in_force · Read it on the official government site
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