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

Okla. Stat. tit. 60, § 60-175.54: Situs in jurisdiction where trustee not qualified to

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

act - Powers of trustee.

A trustee, whether an individual or a corporation, shall have

the power to appoint a natural or corporate trustee to act with

respect to the portion of the trust estate that has situs in a

jurisdiction in which the trustee is not qualified to act and shall

have the power to remove each such appointee at any time with or

without cause. Each such appointee shall: (1) have all of the

powers granted in this act or under the trust instrument to the

trustee with respect to the management of the trust estate, (2)

transfer to the trustee as soon as practicable all gross receipts

derived from the portion of the trust estate that remains under his

control, and (3) be liable to the trustee for any wrongful act or

mismanagement of the trust estate in the same manner that the

trustee is liable to the beneficiaries.

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

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