Okla. Stat. tit. 6, § 6-1735: Delegation of fiduciary functions
Where this section sits in the code
- OK Code
- Title 6
A. Any person acting as a trustee or as any other fiduciary
under the laws of this state may delegate any investment, management
or administrative function if such person exercises reasonable care,
judgment and caution in:
1. Selecting the delegate, taking into account the delegate's
financial standing and reputation;
2. Establishing the scope and other terms of any delegation;
and
3. Reviewing periodically the delegate's actions in order to
monitor overall performance and compliance with the scope and other
terms of the delegation.
B. Notwithstanding any delegation permitted by subsection A of
this section, any person acting as a trustee or in any other
fiduciary capacity under the laws of this state shall retain
responsibility for the due performance of any delegated fiduciary
function.
Collected 2026-09-14T18:32:36Z. Source file · JSON