Oklahoma § 60-1316 - Multiple qualified dispositions by same trust instrument
Full text of Oklahoma Oklahoma Statutes § 60-1316 — Multiple qualified dispositions by same trust instrument, with citation guidance and answers to common questions.
§ 60-1316. Multiple qualified dispositions by same trust instrument
If more than one qualified disposition is made by means of the
same trust instrument:
1. The making of a subsequent qualified disposition shall be
disregarded in determining whether a creditor's claim with respect
to a prior qualified disposition is extinguished as provided in
Section 30 of this act; and
2. Any distribution to a beneficiary is deemed to have been
made from the latest such qualified disposition.
Added by Laws 2024, c. 369, § 34, eff. Nov. 1, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 60-1316
What does Oklahoma Statutes § 60-1316 cover?
Section 60-1316 ("Multiple qualified dispositions by same trust instrument") 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 § 60-1316?
A common citation format is "Oklahoma Statutes § 60-1316" (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 § 60-1316 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.