Oklahoma § 60-175.716 - Certain distributions prohibited

Full text of Oklahoma Oklahoma Statutes § 60-175.716 — Certain distributions prohibited, with citation guidance and answers to common questions.

§ 60-175.716. Certain distributions prohibited

CERTAIN DISTRIBUTIONS PROHIBITED

A. Except as provided by subsection B of this section, an

authorized trustee shall not exercise a power to distribute

principal of a trust otherwise provided by Section 3 or 4 of this

Oklahoma Statutes - Title 60. Property

act if the distribution is expressly prohibited by the terms of the

governing instrument of the trust.

B. A general prohibition of the amendment or revocation of a

trust or a provision that constitutes a spendthrift clause shall not

preclude the exercise of a power to distribute principal of a trust

under Section 3 or 4 of this act.

Added by Laws 2021, c. 268, § 16, eff. Nov. 1, 2021.

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Frequently Asked Questions About Oklahoma § 60-175.716

What does Oklahoma Statutes § 60-175.716 cover?

Section 60-175.716 ("Certain distributions prohibited") 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 § 60-175.716?

A common citation format is "Oklahoma Statutes § 60-175.716" (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 § 60-175.716 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.