Okla. Stat. tit. 60, § 60-175.69: Delegation of investment and management functions

Delegation of Investment and Management Functions.

A. A trustee may delegate investment and management functions

that a prudent trustee of comparable skills could properly delegate

under the circumstances. The trustee shall exercise reasonable

care, skill, and caution in:

1. Selecting an agent;

2. Establishing the scope and terms of the delegation,

consistent with the purposes and terms of the trust; and

3. Periodically reviewing the agent's actions in order to

monitor the agent's performance and compliance with the terms of the

delegation.

B. In performing a delegated function, an agent owes a duty to

the trust to exercise reasonable care to comply with the terms of

the delegation.

C. A trustee who complies with the requirements of subsection A

of this section is not liable to the beneficiaries or to the trust

for the decisions or actions of the agent to whom the function was

delegated.

D. By accepting the delegation of a trust function from the

trustee of a trust that is subject to the laws of this state, an

agent submits to the jurisdiction of the courts of this state.