{"data":{"id":"us-ok/okla.-stat.-tit.-6-6-1735","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 6, § 6-1735","heading":"Delegation of fiduciary functions","body":"A. Any person acting as a trustee or as any other fiduciary\n\nunder the laws of this state may delegate any investment, management\n\nor administrative function if such person exercises reasonable care,\n\njudgment and caution in:\n\n1. Selecting the delegate, taking into account the delegate's\n\nfinancial standing and reputation;\n\n2. Establishing the scope and other terms of any delegation;\n\nand\n\n3. Reviewing periodically the delegate's actions in order to\n\nmonitor overall performance and compliance with the scope and other\n\nterms of the delegation.\n\nB. Notwithstanding any delegation permitted by subsection A of\n\nthis section, any person acting as a trustee or in any other\n\nfiduciary capacity under the laws of this state shall retain\n\nresponsibility for the due performance of any delegated fiduciary\n\nfunction.","path":["OK Code","Title 6"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os6.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a1793ab04ab9ed15a6112b747cea8c185ef6893af80da4103177015ae6812567","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-6-6-1734","next":"us-ok/okla.-stat.-tit.-6-6-1736"},"notice":"GroundRules: Original legal text. Not legal advice."}