§58-1204.

§58-1204.
   
   A. A person having the right to designate the recipient of property
   transferable upon the occurrence of a future event may revocably
   nominate a custodian to receive the property for a minor beneficiary
   upon the occurrence of the event by naming the custodian followed in
   substance by the words: "as custodian for ________________ (name of
   minor) under the Oklahoma Uniform Transfers to Minors Act." The
   nomination may name one or more persons as substitute custodians to
   whom the property must be transferred, in the order named, if the
   first nominated custodian dies before the transfer or is unable,
   declines, or is ineligible to serve. The nomination may be made in a
   will, a trust, a deed, an instrument exercising a power of
   appointment, or in a writing designating a beneficiary of contractual
   rights which is registered with or delivered to the payor, issuer, or
   other obligor of the contractual rights.
   
   B. A custodian nominated pursuant to the provisions of this section
   must be a person to whom a transfer of property of that kind may be
   made according to the provisions of subsection A of Section 10 of this
   act.
   
   C. The nomination of a custodian pursuant to the provisions of this
   section does not create custodial property until the nominating
   instrument becomes irrevocable or a transfer to the nominated
   custodian is completed pursuant to the provisions of Section 10 of
   this act. Unless the nomination of a custodian has been revoked, upon
   the occurrence of the future event the custodianship becomes effective
   and the custodian shall enforce a transfer of the custodial property
   pursuant to the provisions of Section 10 of this act.