Okla. Stat. tit. 31, § 31-16
This is the official text of Okla. Stat. tit. 31, § 31-16, part of Oklahoma’s Stat. tit. 31, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 31,." Browse the sections below, each linked to its official government source.
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Revocation of preservation trust cannot be compelled -
Official statutory text
Restrictions on transferability.
No court or other judicial body shall have the authority to
compel a person holding a power of revocation or amendment over a
preservation trust to exercise the power of revocation or amendment.
The provisions of this act shall be considered restrictions on the
transferability of the grantor’s beneficial interest in the
preservation trust that is enforceable under applicable
nonbankruptcy law within the meaning of Section 541(c)(2) of the
United States Bankruptcy Code or any successor provisions.
No court or other judicial body shall have the authority to
compel a person holding a power of revocation or amendment over a
preservation trust to exercise the power of revocation or amendment.
The provisions of this act shall be considered restrictions on the
transferability of the grantor’s beneficial interest in the
preservation trust that is enforceable under applicable
nonbankruptcy law within the meaning of Section 541(c)(2) of the
United States Bankruptcy Code or any successor provisions.
Status: in_force · Read it on the official government site
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