{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-175.501","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-175.501","heading":"Disbursements from income","body":"DISBURSEMENTS FROM INCOME\n\nA trustee shall make the following disbursements from income to\n\nthe extent that they are not disbursements to which subparagraph b\n\nor c of paragraph 2 of Section 5 of this act applies:\n\n1. One-half of the regular compensation of the trustee and of\n\nany person providing investment advisory or custodial services to\n\nthe trustee;\n\n2. One-half of all expenses for accountings, judicial\n\nproceedings, or other matters that involve both the income and\n\nremainder interests;\n\n3. All of the other ordinary expenses incurred in connection\n\nwith the administration, management, or preservation of trust\n\nproperty and the distribution of income, including interest,\n\nordinary repairs, regularly recurring taxes assessed against\n\nprincipal, and expenses of a proceeding or other matter that\n\nconcerns primarily the income interest; and\n\n4. Recurring premiums on insurance covering the loss of a\n\nprincipal asset or the loss of income from or use of the asset.","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":"1d4a1f397737c265bbc52ac8972931300b31f10f3ff21904bca26112cbff6918","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-175.50","next":"us-ok/okla.-stat.-tit.-60-60-175.502"},"notice":"GroundRules: Original legal text. Not legal advice."}