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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 6, § 6-1735: Delegation of fiduciary functions

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Where this section sits in the code
  1. OK Code
  2. 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

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