Okla. Stat. tit. 60, § 60-1608.16: Distribution upon termination

A. Upon termination or partial termination of a trust, the

trustee may send to the beneficiaries a proposal for distribution.

The right of any beneficiary to object to the proposed distribution

terminates if the beneficiary does not notify the trustee of an

objection within thirty (30) days after the proposal was sent but

only if the proposal informed the beneficiary of the right to object

and of the time allowed for objection.

B. Upon the occurrence of an event terminating or partially

terminating a trust, the trustee shall proceed reasonably to

distribute the trust property to the persons entitled to it, subject

to the right of the trustee to retain a reasonable reserve for the

payment of debts, expenses, and taxes.

C. A release by a beneficiary of a trustee from liability for

breach of trust is invalid to the extent:

1. It was induced by improper conduct of the trustee; or

2. The beneficiary, at the time of the release, did not know of

the beneficiary's rights or of the material facts relating to the

breach.

ARTICLE 9

LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH

TRUSTEE