{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-1203","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-1203","heading":"Scope and application","body":"A. This act applies to a trust, whenever created, that has its\n\nprincipal place of administration in this state and is subject to\n\nthe following rules:\n\n1. If the trust was created before the effective date of this\n\nact, this act applies only to a decision or action occurring on or\n\nafter the effective date of this act; and\n\n2. If the principal place of administration of the trust is\n\nchanged to this state on or after the effective date of this act,\n\nthis act applies only to a decision or action occurring on or after\n\nthe date of the change.\n\nB. Without precluding other means to establish a sufficient\n\nconnection with the designated jurisdiction in a directed trust, the\n\nterms of the trust which designate the principal place of\n\nadministration of the trust are valid and controlling if:\n\n1. A trustee's principal place of business is located in or a\n\ntrustee is a resident of the designated jurisdiction;\n\n2. A trust director's principal place of business is located in\n\nor a trust director is a resident of the designated jurisdiction; or\n\n3. All or part of the administration occurs in the designated\n\njurisdiction.","path":["OK Code","Title 60"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os60.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"7856b44755d6ecdd90f43545a161a059b313fed19088d0811b2438778bc589ca","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-1202","next":"us-ok/okla.-stat.-tit.-60-60-1204"},"notice":"GroundRules: Original legal text. Not legal advice."}
