{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-175.11a","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-175.11a","heading":"Trust powers","body":"A national banking association, a credit union, a state-\n\nchartered corporation, including a state-chartered bank or trust\n\ncompany, or a state or federal savings and loan association that has\n\nthe right to exercise trust powers and that is serving as trustee,\n\nmay:\n\n1. Employ an affiliate or division within a financial\n\ninstitution to provide brokerage, investment, administrative,\n\ncustodial, or other account services for the trust and charge the\n\ntrust for the services; and\n\n2. Receive compensation, directly or indirectly, for the\n\nservices performed by the affiliate or division within the financial\n\ninstitution, whether in the form of shared commissions, fees, or\n\notherwise, provided that any amount charged by the affiliate or\n\ndivision for the services is disclosed and does not exceed the\n\ncustomary or prevailing amount that is charged by the affiliate or\n\ndivision, or a comparable entity, for comparable services rendered\n\nto a person other than the trust.","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":"78076b118ad6452fd1080946c86d5e00df8632f95526336810c21b5c79bea7d5","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-175.11","next":"us-ok/okla.-stat.-tit.-60-60-175.12"},"notice":"GroundRules: Original legal text. Not legal advice."}
