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2022 Oklahoma Statutes
Title 60. Property
§60-175.715. Duties not created.
Universal Citation: 60 OK Stat § 175.715 (2022)
DUTIES NOT CREATED
A. This act does not create or imply a duty for an authorized trustee to exercise a power to distribute principal, and impropriety shall not be inferred as a result of the trustee not exercising a power conferred by Section 3 or 4 of this act.
B. An authorized trustee does not have a duty to inform beneficiaries about the availability of the authority provided by this act or a duty to review the trust to determine whether any action should be taken under this act.
Added by Laws 2021, c. 268, § 15, eff. Nov. 1, 2021.
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