Oklahoma § 31-13 - Preservation trust - Revocable or irrevocable Contributions
Full text of Oklahoma Oklahoma Statutes § 31-13 — Preservation trust - Revocable or irrevocable Contributions, with citation guidance and answers to common questions.
§ 31-13. Preservation trust - Revocable or irrevocable Contributions
A preservation trust may be established as a revocable and
amendable trust or as an irrevocable trust. If the grantor of a
preservation trust revokes or partially revokes the preservation
trust, the exemption provisions of Section 12 of this title shall
not be applicable to any property received by the grantor as a
result of such revocation or partial revocation. The fair market
value of any property received by the grantor as a result of a
partial revocation shall increase the amount of property which the
grantor may contribute to the preservation trust pursuant to Section
12 of this title.
Added by Laws 2004, c. 509, § 4, emerg. eff. June 9, 2004. Amended
by Laws 2005, c. 438, § 3, emerg. eff. June 8, 2005.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 31-13
What does Oklahoma Statutes § 31-13 cover?
Section 31-13 ("Preservation trust - Revocable or irrevocable Contributions") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 31-13?
A common citation format is "Oklahoma Statutes § 31-13" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 31-13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.