Okla. Stat. tit. 60, § 60-1210
This is the official text of Okla. Stat. tit. 60, § 60-1210, part of Oklahoma’s Stat. tit. 60, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 60,." Browse the sections below, each linked to its official government source.
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Trustee to provide information to trust director — Trust
Official statutory text
director to provide information to trustee — Liability.
A. Subject to Section 12 of this act, a trustee shall provide
information to a trust director to the extent the information is
reasonably related both to:
1. The powers or duties of the trustee; and
2. The powers or duties of the director.
B. Subject to Section 12 of this act, a trust director shall
provide information to a trustee or another trust director to the
extent the information is reasonably related both to:
1. The powers or duties of the director; and
2. The powers or duties of the trustee or other director.
C. A trustee that acts in reliance on information provided by a
trust director is not liable for a breach of trust to the extent the
breach resulted from the reliance, unless by so acting, the trustee
engages in willful misconduct.
D. A trust director that acts in reliance on information
provided by a trustee or another trust director is not liable for a
breach of trust to the extent the breach resulted from the reliance,
unless by so acting, the trust director engages in willful
misconduct.
A. Subject to Section 12 of this act, a trustee shall provide
information to a trust director to the extent the information is
reasonably related both to:
1. The powers or duties of the trustee; and
2. The powers or duties of the director.
B. Subject to Section 12 of this act, a trust director shall
provide information to a trustee or another trust director to the
extent the information is reasonably related both to:
1. The powers or duties of the director; and
2. The powers or duties of the trustee or other director.
C. A trustee that acts in reliance on information provided by a
trust director is not liable for a breach of trust to the extent the
breach resulted from the reliance, unless by so acting, the trustee
engages in willful misconduct.
D. A trust director that acts in reliance on information
provided by a trustee or another trust director is not liable for a
breach of trust to the extent the breach resulted from the reliance,
unless by so acting, the trust director engages in willful
misconduct.
Status: in_force · Read it on the official government site
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