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Oklahoma Stat.
2025 Oklahoma Statutes
Title 60. Property
§60-1306. Qualified person — Excluded persons — Application to transferors.
Universal Citation:
60 OK Stat § 1306 (2025)
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Neither the transferor nor any other natural person who is a nonresident of this state nor an entity that is not authorized by the laws of this state to act as a trustee or whose activities are not subject to supervision as provided in Section 22 of this act may be considered a qualified person. However, nothing in this act precludes a transferor from appointing, removing, or replacing one or more cotrustees, trust advisors, or trust protectors, regardless of whether or not such trust advisor or trust protector is a fiduciary.
Added by Laws 2024, c. 369, § 24, eff. Nov. 1, 2024.
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