Okla. Stat. tit. 60, § 60-1209: Directed trustee — Reasonable action to comply —
Where this section sits in the code
- OK Code
- Title 60
Exceptions — Non-effective release of trustee.
A. Subject to subsection B of this section, a directed trustee
shall take reasonable action to comply with a trust director's
exercise or nonexercise of a power of direction or further power
under paragraph 1 of subsection B of Section 7 of this act, and the
trustee is not liable for the action.
B. A directed trustee must not comply with a trust director's
exercise or nonexercise of a power of direction or further power
under paragraph 1 of subsection B of Section 7 of this act to the
extent that by complying, the trustee would engage in willful
misconduct.
C. An exercise of a power of direction under which a trust
director may release a trustee or another trust director from
liability for breach of trust is not effective if:
1. The breach involved the trustee's or other director's
willful misconduct;
2. The release was induced by improper conduct of the trustee
or other director in procuring the release; or
3. At the time of the release, the trust director did not know
the material facts relating to the breach.
D. A directed trustee that has reasonable doubt about its duty
under this section may petition the district court for instructions.
E. The terms of a trust may impose a duty or liability on a
directed trustee in addition to the duties and liabilities under
this section.
Collected 2026-09-14T18:32:36Z. Source file · JSON