Okla. Stat. tit. 71, § 71-902
This is the official text of Okla. Stat. tit. 71, § 71-902, part of Oklahoma’s Stat. tit. 71, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 71,." Browse the sections below, each linked to its official government source.
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Definitions
Official statutory text
As used in the Oklahoma Uniform TOD Security Registration Act,
unless the context otherwise requires:
1. "Beneficiary form" means a registration of a security which
indicates the present owner of the security and the intention of the
owner regarding the person who will become the owner of the security
upon the death of the owner;
2. "Devisee" means any person designated in a will to receive a
disposition of real or personal property;
3. "Heirs" means those persons, including the surviving spouse,
who are entitled under the statutes of intestate succession to the
property of a decedent;
4. "Person" means an individual, a corporation, a limited
liability company, an organization, or other legal entity;
5. "Personal representative" includes executor, administrator,
successor personal representative, special administrator, and
persons who perform substantially the same function under the law
governing their status;
6. "Property" includes both real and personal property or any
interest therein and means anything that may be the subject of
ownership;
7. "Register", including its derivatives, means:
a. to issue a certificate showing the ownership of a
certificated security,
b. in the case of an uncertificated security, to initiate
or transfer an account showing ownership of
securities, or
c. in the case of a certificated or uncertificated
security titled in the name of a registering entity or
its nominee on behalf of one or more beneficial
owners, to initiate or transfer an account showing
beneficial ownership of securities;
8. "Registering entity" means a person who originates or
transfers a security title by registration, and includes a broker or
Oklahoma Statutes - Title 71. Securities Page 188
a bank maintaining security accounts for customers and a transfer
agent or other person acting for or as an issuer of securities;
9. "Security" means a share, participation, or other interest
in property, in a business, or in an obligation of an enterprise or
other issuer, and includes a certificated security, an
uncertificated security, and a security account;
10. "Security account" means:
a. a reinvestment account associated with a security, a
securities account with a broker or a bank, a cash
balance in a brokerage account, cash, interest,
earnings, or dividends earned or declared on a
security in an account, a reinvestment account, or a
brokerage account, whether or not credited to the
account before the owner's death, or
b. a cash balance or other property held for or due to
the owner of a security as a replacement for or
product of an account security, whether or not
credited to the account before the owner's death; and
11. "State" includes any state of the United States, the
District of Columbia, the Commonwealth of Puerto Rico, and any
territory or possession subject to the legislative authority of the
United States.
unless the context otherwise requires:
1. "Beneficiary form" means a registration of a security which
indicates the present owner of the security and the intention of the
owner regarding the person who will become the owner of the security
upon the death of the owner;
2. "Devisee" means any person designated in a will to receive a
disposition of real or personal property;
3. "Heirs" means those persons, including the surviving spouse,
who are entitled under the statutes of intestate succession to the
property of a decedent;
4. "Person" means an individual, a corporation, a limited
liability company, an organization, or other legal entity;
5. "Personal representative" includes executor, administrator,
successor personal representative, special administrator, and
persons who perform substantially the same function under the law
governing their status;
6. "Property" includes both real and personal property or any
interest therein and means anything that may be the subject of
ownership;
7. "Register", including its derivatives, means:
a. to issue a certificate showing the ownership of a
certificated security,
b. in the case of an uncertificated security, to initiate
or transfer an account showing ownership of
securities, or
c. in the case of a certificated or uncertificated
security titled in the name of a registering entity or
its nominee on behalf of one or more beneficial
owners, to initiate or transfer an account showing
beneficial ownership of securities;
8. "Registering entity" means a person who originates or
transfers a security title by registration, and includes a broker or
Oklahoma Statutes - Title 71. Securities Page 188
a bank maintaining security accounts for customers and a transfer
agent or other person acting for or as an issuer of securities;
9. "Security" means a share, participation, or other interest
in property, in a business, or in an obligation of an enterprise or
other issuer, and includes a certificated security, an
uncertificated security, and a security account;
10. "Security account" means:
a. a reinvestment account associated with a security, a
securities account with a broker or a bank, a cash
balance in a brokerage account, cash, interest,
earnings, or dividends earned or declared on a
security in an account, a reinvestment account, or a
brokerage account, whether or not credited to the
account before the owner's death, or
b. a cash balance or other property held for or due to
the owner of a security as a replacement for or
product of an account security, whether or not
credited to the account before the owner's death; and
11. "State" includes any state of the United States, the
District of Columbia, the Commonwealth of Puerto Rico, and any
territory or possession subject to the legislative authority of the
United States.
Status: in_force · Read it on the official government site
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