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2020 Oklahoma Statutes
Title 60. Property
§60-175.91. Validity of trust provisions.
Universal Citation: 60 OK Stat § 60-175.91 (2020)
A. A provision which provides that a current distribution interest shall either become a discretionary interest or shall terminate upon the attachment by a creditor, including an exception creditor, is valid.
B. A provision that provides a remainder interest shall terminate or change into a dynasty interest upon attachment by a creditor, including an exception creditor, is valid.
Added by Laws 2010, c. 280, § 11, eff. Nov. 1, 2010.
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