Oklahoma § 60-73 - Trustee's authority to invest income from royalties Payments to life tenant or other person
Full text of Oklahoma Oklahoma Statutes § 60-73 — Trustee's authority to invest income from royalties Payments to life tenant or other person, with citation guidance and answers to common questions.
§ 60-73. Trustee's authority to invest income from royalties Payments to life tenant or other person
Under proper court order the trustee shall be authorized to
invest income from royalties pursuant to the provisions of the
Oklahoma Uniform Prudent Investor Act, unless otherwise provided by
law, which investments shall remain intact until the ultimate taker
is determined and shall then be paid over to the ultimate taker and
the trust closed. Income from investments shall be paid to the life
tenant or other person entitled thereto.
Added by Laws 1939, p. 355, § 3, emerg. eff. May 10, 1939. Amended
by Laws 1995, c. 351, § 19, eff. Nov. 1, 1995.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 60-73
What does Oklahoma Statutes § 60-73 cover?
Section 60-73 ("Trustee's authority to invest income from royalties Payments to life tenant or other person") 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 § 60-73?
A common citation format is "Oklahoma Statutes § 60-73" (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 § 60-73 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.