Oklahoma § 60-175.61 - Prudent investor rule
Full text of Oklahoma Oklahoma Statutes § 60-175.61 — Prudent investor rule, with citation guidance and answers to common questions.
§ 60-175.61. Prudent investor rule
Prudent Investor Rule.
A. Except as otherwise provided in subsection B of this
section, a trustee who invests and manages trust assets owes a duty
to the beneficiaries of the trust to comply with the prudent
Oklahoma Statutes - Title 60. Property
investor rule set forth in the Oklahoma Uniform Prudent Investor
Act.
B. The prudent investor rule, a default rule, may be expanded,
restricted, eliminated, or otherwise altered by the provisions of a
trust. A trustee is not liable to a beneficiary to the extent that
the trustee acted in reasonable reliance on the provisions of the
trust.
Added by Laws 1995, c. 351, § 2, eff. Nov. 1, 1995.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 60-175.61
What does Oklahoma Statutes § 60-175.61 cover?
Section 60-175.61 ("Prudent investor rule") 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 § 60-175.61?
A common citation format is "Oklahoma Statutes § 60-175.61" (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 § 60-175.61 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.