Oklahoma § 60-171 - Trusts authorized - Powers of trustee
Full text of Oklahoma Oklahoma Statutes § 60-171 — Trusts authorized - Powers of trustee, with citation guidance and answers to common questions.
§ 60-171. Trusts authorized - Powers of trustee
Express trusts may be created in real or personal property or
both, with power in the trustee, or a majority of the trustees, if
there be more than one, to receive title to, hold, buy, sell,
exchange, transfer and convey real and personal property for the use
of such trust; to take, receive, invest or disburse the receipts,
earnings, rents, profits or returns from the trust estate; to carry
on and conduct any lawful business designated in the instrument of
trust, generally to do any lawful act in relation to the trust
property which any individual owning the same absolutely might do
and to comply with the provisions of the Oklahoma Uniform Prudent
Investor Act.
Added by Laws 1919, c. 16, p. 30, § 1. Amended by Laws 1988, c.
117, § 1, eff. Nov. 1, 1988; Laws 1989, c. 223, § 3, eff. Nov. 1,
1989; Laws 1995, c. 351, § 21, eff. Nov. 1, 1995.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 60-171
What does Oklahoma Statutes § 60-171 cover?
Section 60-171 ("Trusts authorized - Powers of trustee") 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 § 60-171?
A common citation format is "Oklahoma Statutes § 60-171" (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 § 60-171 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.