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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.

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.

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.

Status: in_force · Read it on the official government site

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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.