§58-1219.

§58-1219.
   
   A. A person nominated in accordance with the provisions of Section 4
   of this act or designated pursuant to the provisions of Section 10 of
   this act as custodian may decline to serve by delivering a valid
   disclaimer pursuant to the provisions of Sections 751 through 759 of
   Title 60 of the Oklahoma Statutes to the person who made the
   nomination or to the transferor or the transferor's legal
   representative. If the event giving rise to a transfer has not
   occurred and no substitute custodian able, willing, and eligible to
   serve was nominated in accordance with the provisions of Section 4 of
   this act, the person who made the nomination may nominate a substitute
   custodian in accordance with the provisions of Section 4 of this act;
   otherwise, the transferor or the transferor's legal representative
   shall designate a substitute custodian at the time of the transfer, in
   either case from among the persons eligible to serve as custodian for
   that kind of property in accordance with the provisions of subsection
   A of Section 10 of this act. The custodian so designated has the
   rights of a successor custodian.
   
   B. A custodian at any time may designate a trust company or an adult
   other than a transferor according to the provisions of Section 5 of
   this act as successor custodian by executing and dating an instrument
   of designation before a subscribing witness other than the successor.
   If the instrument of designation does not contain or is not
   accompanied by the resignation of the custodian, the designation of
   the successor does not take effect until the custodian resigns, dies,
   becomes incapacitated, or is removed.
   
   C. A custodian may resign at any time by delivering written notice to
   the minor if the minor has attained the age of fourteen (14) years and
   to the successor custodian and by delivering the custodial property to
   the successor custodian.
   
   D. If a custodian is ineligible, dies, or becomes incapacitated
   without having effectively designated a successor custodian and the
   minor has attained the age of fourteen (14) years, the minor may
   designate as successor custodian, in the manner prescribed in
   subsection B of this section, an adult member of the minor's family, a
   guardian of the minor, or a trust company. If the minor has not
   attained the age of fourteen (14) years or fails to act within sixty
   (60) days after the ineligibility, death, or incapacity, the guardian
   of the minor becomes successor custodian. If the minor has no guardian
   or the guardian declines to act, the transferor, the legal
   representative of the transferor or of the custodian, an adult member
   of the minor's family, or any other interested person may petition the
   court to designate a successor custodian.
   
   E. A custodian who declines to serve in accordance with the provisions
   of subsection A of this section or resigns pursuant to the provisions
   of subsection C of this section, or the legal representative of a
   deceased or incapacitated custodian, as soon as practicable, shall put
   the custodial property and records in the possession and control of
   the successor custodian. The successor custodian, by action, may
   enforce the obligation to deliver custodial property and records and
   becomes responsible for each item as received.
   
   F. A transferor, the legal representative of a transferor, an adult
   member of the minor's family, a guardian of the person of the minor,
   the conservator of the minor, or the minor if the minor has attained
   the age of fourteen (14) years may petition the court to remove the
   custodian for cause and to designate a successor custodian other than
   a transferor pursuant to the provisions of Section 5 of this act or to
   require the custodian to give appropriate bond.