Oklahoma § 6-1735 - Delegation of fiduciary functions
Full text of Oklahoma Oklahoma Statutes § 6-1735 — Delegation of fiduciary functions, with citation guidance and answers to common questions.
§ 6-1735. Delegation of fiduciary functions
A. Any person acting as a trustee or as any other fiduciary
under the laws of this state may delegate any investment, management
or administrative function if such person exercises reasonable care,
judgment and caution in:
1. Selecting the delegate, taking into account the delegate's
financial standing and reputation;
2. Establishing the scope and other terms of any delegation;
and
Oklahoma Statutes - Title 6. Banks and Trust Companies
3. Reviewing periodically the delegate's actions in order to
monitor overall performance and compliance with the scope and other
terms of the delegation.
B. Notwithstanding any delegation permitted by subsection A of
this section, any person acting as a trustee or in any other
fiduciary capacity under the laws of this state shall retain
responsibility for the due performance of any delegated fiduciary
function.
Added by Laws 1998, c. 104, § 31, eff. Nov. 1, 1998.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 6-1735
What does Oklahoma Statutes § 6-1735 cover?
Section 6-1735 ("Delegation of fiduciary functions") 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 § 6-1735?
A common citation format is "Oklahoma Statutes § 6-1735" (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 § 6-1735 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.