A deposit made in any bank or credit union by a husband and wife which is primarily for a business purpose may be treated, at the option of the depositors, as a sole proprietorship account, rather than a partnership account unless a formal partnership has been formed.
Okla. Stat. tit. 6, § 907
Husband and wife deposit for business purpose - Sole proprietorship account
Added by Laws 1993, c. 183, § 14, eff
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.