Go to previous versions
of
this Section
2023 Oklahoma Statutes
Title 60. Property
§60-175.714. Need for distribution not required.
Universal Citation: 60 OK Stat § 175.714 (2023)
NEED FOR DISTRIBUTION NOT REQUIRED
An authorized trustee may exercise the power to distribute principal to a second trust under Section 3 or 4 of this act regardless of whether there is a current need to distribute principal under the terms of the first trust.
Added by Laws 2021, c. 268, § 14, eff. Nov. 1, 2021.
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.