Okla. Stat. tit. 60, § 60-175.404: Principal receipts

PRINCIPAL RECEIPTS

A trustee shall allocate to principal:

1. To the extent not allocated to income under this act, assets

received from a transferor during the transferor's lifetime, a

decedent's estate, a trust with a terminating income interest, or a

payer under a contract naming the trust or its trustee as

beneficiary;

2. Money or other property received from the sale, exchange,

liquidation, or change in form of a principal asset, including

realized profit, subject to this article;

3. Amounts recovered from third parties to reimburse the trust

because of disbursements described in paragraph 7 of subsection A of

Section 26 of this act or for other reasons to the extent not based

on the loss of income;

4. Proceeds of property taken by eminent domain, but a separate

award made for the loss of income with respect to an accounting

period during which a current income beneficiary had a mandatory

income interest is income;

5. Net income received in an accounting period during which

there is no beneficiary to whom a trustee may or must distribute

income; and

6. Other receipts as provided in Part 3 of this article.