Oklahoma § 60-175.714 - Need for distribution not required
Full text of Oklahoma Oklahoma Statutes § 60-175.714 — Need for distribution not required, with citation guidance and answers to common questions.
§ 60-175.714. Need for distribution not required
NEED FOR DISTRIBUTION NOT REQUIRED
An authorized trustee may exercise the power to distribute
principal to a second trust under Section 3 or 4 of this act
regardless of whether there is a current need to distribute
principal under the terms of the first trust.
Added by Laws 2021, c. 268, § 14, eff. Nov. 1, 2021.
Frequently Asked Questions About Oklahoma § 60-175.714
What does Oklahoma Statutes § 60-175.714 cover?
Section 60-175.714 ("Need for distribution not required") 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 § 60-175.714?
A common citation format is "Oklahoma Statutes § 60-175.714" (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 § 60-175.714 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.