Oklahoma § 60-1315 - Actions against trustee or advisor of trust subject to

§ 60-1315. Actions against trustee or advisor of trust subject to

qualified disposition — Jurisdiction — Attorney fees and costs —

Burden of proof.

Notwithstanding any other provision of law, no action of any

kind, including an action to enforce a judgment entered by a court

or other body having adjudicative authority, may be brought at law

or in equity against the trustee or advisor, described in Section 24

of this act, of a trust that is the subject of a qualified

disposition, or against any person involved in the counseling,

drafting, preparation, execution, or funding of a trust that is the

subject of a qualified disposition, if, as of the date such action

is brought, an action by a creditor with respect to such qualified

disposition would be barred under Sections 29 through 32 of this

act. A court of this state has exclusive jurisdiction over an

action brought under a claim for relief that is based on a transfer

of property to a trust that is the subject of this section. A court

of this state may award attorney fees and costs to the prevailing

party in such an action. In any action described in this section,

the burden to prove the matter by clear and convincing evidence is

upon the creditor.

Added by Laws 2024, c. 369, § 33, eff. Nov. 1, 2024.