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

Okla. Stat. tit. 60, § 60-1604.13: Modification or termination of uneconomic trust

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Where this section sits in the code
  1. OK Code
  2. Title 60

A. After notice to the qualified beneficiaries, the trustee of

a trust consisting of trust property having a total value less than

Fifty Thousand Dollars ($50,000.00) may terminate the trust if the

trustee concludes that the value of the trust property is

insufficient to justify the cost of administration.

B. The court may modify or terminate a trust or remove the

trustee and appoint a different trustee if it determines that the

value of the trust property is insufficient to justify the cost of

administration.

C. Upon termination of a trust under this section, the trustee

shall distribute the trust property in a manner consistent with the

purposes of the trust.

D. This section does not apply to an easement for conservation

or preservation.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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