Oklahoma § 60-140 - Surplus liable to creditors
Full text of Oklahoma Oklahoma Statutes § 60-140 — Surplus liable to creditors, with citation guidance and answers to common questions.
§ 60-140. Surplus liable to creditors
Where a trust is created to receive the rents and profits of
real property, and no valid direction for accumulation is given, the
surplus of such rents and profits, beyond the sum that may be
necessary for the education and support of the person for whose
benefit the trust is created, is liable to the claims of the
creditors of such person, in the same manner as personal property
which cannot be reached by execution.
R.L.1910, § 6664.
Frequently Asked Questions About Oklahoma § 60-140
What does Oklahoma Statutes § 60-140 cover?
Section 60-140 ("Surplus liable to creditors") 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 § 60-140?
A common citation format is "Oklahoma Statutes § 60-140" (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 § 60-140 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.