Oklahoma § 60-175.712 - Later discovered assets
Full text of Oklahoma Oklahoma Statutes § 60-175.712 — Later discovered assets, with citation guidance and answers to common questions.
§ 60-175.712. Later discovered assets
LATER DISCOVERED ASSETS
To the extent the authorized trustee does not provide otherwise:
Oklahoma Statutes - Title 60. Property
1. The distribution of all of the principal of a first trust to
a second trust includes subsequently discovered assets otherwise
belonging to the first trust and principal paid to or acquired by
the first trust after the distribution of the first trust's
principal to the second trust; and
2. The distribution of part of the principal of a first trust
to a second trust does not include subsequently discovered assets
belonging to the first trust or principal paid to or acquired by the
first trust after the distribution of principal from the first trust
to the second trust, and those assets or that principal remain the
assets or principal of the first trust.
Added by Laws 2021, c. 268, § 12, eff. Nov. 1, 2021.
Frequently Asked Questions About Oklahoma § 60-175.712
What does Oklahoma Statutes § 60-175.712 cover?
Section 60-175.712 ("Later discovered assets") 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 § 60-175.712?
A common citation format is "Oklahoma Statutes § 60-175.712" (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 § 60-175.712 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.