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Can you summarize OKST Title 6, Chapter 1, Article XIII?
Oklahoma Banking Code > Safe Deposit and Safekeeping Facilities
Short Summary
The legal documents provided cover various aspects related to safe deposit and safekeeping facilities. They govern proceedings in aid of execution for garnishment, including the sealing of safe deposit boxes and denial of access, as well as the removal, holding, delivery, or sale of box contents. The documents also establish the lien of the lessor on the contents of a lessee’s box for past due rentals and expenses, and outline the procedures for giving notice, removing contents, and conducting sales. Adverse claims to safe deposit box contents are addressed, including conditions for denial of access by the lessor. The documents also cover the search procedure on death, allowing access to safe deposit boxes and delivery of certain writings to authorized parties. Rules and regulations related to safe deposit and safekeeping facilities are provided, including authorization for access by designated persons, limitations on liability, and leasing to minors. The documents also address the authority of agents and deputies, definitions of key terms, and authorization for access upon the death of a lessee. These legal documents apply to various entities, including lessors, parties to an action, garnishment creditors, lessees of safe deposit boxes, fiduciaries, corporations, general partnerships, limited partnerships, limited liability companies, minors, agents, executors, administrators, joint lessees, authorized persons, and financial institutions. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Lessors, parties to an action, garnishment creditors, lessees of safe deposit boxes, fiduciaries, corporations, general partnerships, limited partnerships, limited liability companies, minors, agents, executors, administrators, joint lessees, authorized persons, financial institutions
What does it govern?
Proceedings in aid of execution for garnishment, lien of the lessor, adverse claims to safe deposit box contents, search procedure on death, rules and regulations related to safe deposit and safekeeping facilities, authorization for access to safe deposit box upon death of lessee, access to safe deposit boxes by fiduciaries, leasing safe deposit boxes to minors, dealing with agents of lessees, authorization for access to safe deposit box upon death of lessee, appointment of deputies for safe deposit boxes, definitions of key terms related to safe deposit and safekeeping facilities
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Oklahoma