Oklahoma § 31-16 - Revocation of preservation trust cannot be compelled Restrictions on transferability

Full text of Oklahoma Oklahoma Statutes § 31-16 — Revocation of preservation trust cannot be compelled Restrictions on transferability, with citation guidance and answers to common questions.

§ 31-16. Revocation of preservation trust cannot be compelled Restrictions on transferability

No court or other judicial body shall have the authority to

compel a person holding a power of revocation or amendment over a

preservation trust to exercise the power of revocation or amendment.

The provisions of this act shall be considered restrictions on the

transferability of the grantor’s beneficial interest in the

preservation trust that is enforceable under applicable

nonbankruptcy law within the meaning of Section 541(c)(2) of the

United States Bankruptcy Code or any successor provisions.

Added by Laws 2004, c. 509, § 7, emerg. eff. June 9, 2004. Amended

by Laws 2005, c. 438, § 6, emerg. eff. June 8, 2005.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 31-16

What does Oklahoma Statutes § 31-16 cover?

Section 31-16 ("Revocation of preservation trust cannot be compelled Restrictions on transferability") 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 § 31-16?

A common citation format is "Oklahoma Statutes § 31-16" (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 § 31-16 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.