Oklahoma § 31-12 - Corpus and income of preservation trust exempt from
Full text of Oklahoma Oklahoma Statutes § 31-12 — Corpus and income of preservation trust exempt from, with citation guidance and answers to common questions.
§ 31-12. Corpus and income of preservation trust exempt from
attachment, execution, forced sale, and liens - Exceptions Transfer of assets.
Notwithstanding Section 3 of this title and Section 299.15 of
Title 60 of the Oklahoma Statutes, the corpus and income of a
preservation trust shall be exempt from attachment or execution and
every other species of forced sale and no judgment, decree, or
execution can be a lien on the trust for the payment of debts of a
grantor, except a child support judgment. Any incremental growth
derived from income or an increase in value of the corpus of a
preservation trust shall also be considered protected by this
section. Transfer of an asset to a preservation trust does not
affect any mortgage, security interest or lien to which that asset
is subject.
Added by Laws 2004, c. 509, § 3, emerg. eff. June 9, 2004. Amended
by Laws 2005, c. 438, § 2, emerg. eff. June 8, 2005; Laws 2014, c.
102, § 2, eff. Nov. 1, 2014.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 31-12
What does Oklahoma Statutes § 31-12 cover?
Section 31-12 ("Corpus and income of preservation trust exempt from") 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 § 31-12?
A common citation format is "Oklahoma Statutes § 31-12" (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 § 31-12 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.