Oklahoma § 60-1604.12 - Cy pres

§ 60-1604.12. Cy pres

A. Except as otherwise provided in subsection B of this

section, if a particular charitable purpose becomes unlawful,

impracticable, impossible to achieve, or wasteful:

1. The trust does not fail, in whole or in part;

2. The trust property does not revert to the settlor or the

settlor's successors in interest; and

3. The court may apply cy pres to modify or terminate the trust

by directing that the trust property be applied or distributed, in

whole or in part, in a manner consistent with the settlor's

charitable purposes.

B. A provision in the terms of a charitable trust that would

result in distribution of the trust property to a noncharitable

beneficiary prevails over the power of the court under subsection A

of this section to apply cy pres to modify or terminate the trust

Oklahoma Statutes - Title 60. Property

only if, when the provision takes effect, the trust property is to

revert to the settlor and the settlor is still living.

Added by Laws 2025, c. 254, § 31, eff. Nov. 1, 2025.