{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-175.408","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-175.408","heading":"Insubstantial allocations not required","body":"INSUBSTANTIAL ALLOCATIONS NOT REQUIRED\n\nIf a trustee determines that an allocation between principal and\n\nincome required by Section 18, 19, 20, 21, or 24 of this act is\n\ninsubstantial, the trustee may allocate the entire amount to\n\nprincipal unless one of the circumstances described in subsection C\n\nof Section 4 of this act applies to the allocation. This power may\n\nbe exercised by a cotrustee in the circumstances described in\n\nsubsection D of Section 4 of this act and may be released for the\n\nreasons and in the manner described in subsection E of Section 4 of\n\nthis act. An allocation is presumed to be insubstantial if:\n\n1. The amount of the allocation would increase or decrease net\n\nincome in an accounting period, as determined before the allocation,\n\nby less than ten percent (10%); or\n\n2. The value of the asset producing the receipt for which the\n\nallocation would be made is less than ten percent (10%) of the total\n\nvalue of the trust's assets at the beginning of the accounting\n\nperiod.","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":"496d8144dacc70a0d4024df2cedf190ada1a7efc6b9834fa9662b4430dc1d26b","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-175.407","next":"us-ok/okla.-stat.-tit.-60-60-175.409"},"notice":"GroundRules: Original legal text. Not legal advice."}