On May 22, OKL LEG passed bill related to estate planning documents.
OKL LEG passed bill SB 468 re the Uniform electronic estate planning documents act.
Adds new sections to Oklahoma Statutes Title 84, OKL LEG 84, to create the Act.
Also to define terms related to electronic documents and records, will, and technology.
Bill Provisions
The Act helps to facilitate electronic estate planning documents and signatures.
Electronic non-testamentary documents or signatures cannot be denied legal effect solely because they are electronic; notaries can be satisfied by electronic signature.
Certified paper copies of electronic documents can be created by affirming accuracy under penalty of perjury, electronic documents can be used in evidentiary proceedings.
Act applies to the will of a decedent, who dies on or after the effective date of this act.
Legislative History
On Feb. 6, 2023, bill introduced in Senate; on May 21, 2024, bill passed in Senate.
On Feb. 27, 2024, bill introduced in House; on Apr. 16, 2024, bill was passed in House.
On May 22, 2024, bill was delivered to governor, and is pending governor action.
Effectiveness
If approved, Bill SB 468 becomes effective as of Nov. 1, 2024.
May 28, 2024 OKL LEG Governor Approved Bill
On May 28, 2024, OKL LEG reported SB 468 was signed into law by the governor.
Regulators
OKL LEG
Entity Types
CNSM; Corp
Reference
Bill 5/28/2024; Bill SB468, 5/22/2024; Citation: OKL LEG 84;
