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

Okla. Stat. tit. 60, § 60-1604.8: Noncharitable trust without ascertainable beneficiary

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

Except as otherwise provided in this act or by another statute,

the following rules apply:

1. A trust may be created for a noncharitable purpose without a

definite or definitely ascertainable beneficiary or for a

noncharitable but otherwise valid purpose to be selected by the

trustee;

2. A trust authorized by this section may be enforced by a

person appointed in the terms of the trust or, if no person is so

appointed, by a person appointed by the court; and

3. Property of a trust authorized by this section may be

applied only to its intended use, except to the extent the court

determines that the value of the trust property exceeds the amount

required for the intended use. Except as otherwise provided in the

terms of the trust, property not required for the intended use must

be distributed to the settlor, if then living, otherwise to the

settlor's successors in interest.

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

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