{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-175.62","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-175.62","heading":"Standard of care - Portfolio strategy - Risk and return","body":"objectives.\n\nStandard of Care; Portfolio Strategy; Risk and Return\n\nObjectives.\n\nA. A trustee shall invest and manage trust assets as a prudent\n\ninvestor would, by considering the purposes, terms, distribution\n\nrequirements, and other circumstances of the trust. In satisfying\n\nthis standard, the trustee shall exercise reasonable care, skill,\n\nand caution.\n\nB. A trustee's investment and management decisions respecting\n\nindividual assets must be evaluated not in isolation, but in the\n\ncontext of the trust portfolio as a whole and as a part of an\n\noverall investment strategy having risk and return objectives\n\nreasonably suited to the trust.\n\nC. Among circumstances that a trustee shall consider in\n\ninvesting and managing trust assets are those of the following as\n\nare relevant to the trust or its beneficiaries:\n\n1. General economic conditions;\n\n2. The possible effect of inflation or deflation;\n\n3. The expected tax consequences of investment decisions or\n\nstrategies;\n\n4. The role that each investment or course of action plays\n\nwithin the overall trust portfolio, which may include financial\n\nassets, interests in closely held enterprises, tangible and\n\nintangible personal property, and real property;\n\n5. The expected total return from income and the appreciation\n\nof capital;\n\n6. Other resources of the beneficiaries;\n\n7. Needs for liquidity, regularity of income, and preservation\n\nor appreciation of capital; and\n\n8. An asset's special relationship or special value, if any, to\n\nthe purposes of the trust or to one or more of the beneficiaries.\n\nD. A trustee shall make a reasonable effort to verify facts\n\nrelevant to the investment and management of trust assets.\n\nE. A trustee may invest in any kind of property or type of\n\ninvestment consistent with the standards of the Oklahoma Uniform\n\nPrudent Investor Act.\n\nF. A trustee who has special skills or expertise, or is named\n\ntrustee in reliance upon the trustee's representation that the\n\ntrustee has special skills or expertise, has a duty to use those\n\nspecial skills or expertise.","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":"64fdc240c2ed145afb9765fd02abeaa42fa420892603f82814147364178837fb","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-175.61","next":"us-ok/okla.-stat.-tit.-60-60-175.63"},"notice":"GroundRules: Original legal text. Not legal advice."}