Okla. Stat. tit. 60, § 60-175.716: Certain distributions prohibited
Where this section sits in the code
- OK Code
- Title 60
CERTAIN DISTRIBUTIONS PROHIBITED
A. Except as provided by subsection B of this section, an
authorized trustee shall not exercise a power to distribute
principal of a trust otherwise provided by Section 3 or 4 of this
act if the distribution is expressly prohibited by the terms of the
governing instrument of the trust.
B. A general prohibition of the amendment or revocation of a
trust or a provision that constitutes a spendthrift clause shall not
preclude the exercise of a power to distribute principal of a trust
under Section 3 or 4 of this act.
Collected 2026-09-14T18:32:36Z. Source file · JSON