Okla. Stat. tit. 60, § 60-1306
This is the official text of Okla. Stat. tit. 60, § 60-1306, 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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Qualified person — Excluded persons — Application to
Official statutory text
transferors.
Neither the transferor nor any other natural person who is a
nonresident of this state nor an entity that is not authorized by
the laws of this state to act as a trustee or whose activities are
not subject to supervision as provided in Section 22 of this act may
be considered a qualified person. However, nothing in this act
precludes a transferor from appointing, removing, or replacing one
or more cotrustees, trust advisors, or trust protectors, regardless
of whether or not such trust advisor or trust protector is a
fiduciary.
Neither the transferor nor any other natural person who is a
nonresident of this state nor an entity that is not authorized by
the laws of this state to act as a trustee or whose activities are
not subject to supervision as provided in Section 22 of this act may
be considered a qualified person. However, nothing in this act
precludes a transferor from appointing, removing, or replacing one
or more cotrustees, trust advisors, or trust protectors, regardless
of whether or not such trust advisor or trust protector is a
fiduciary.
Status: in_force · Read it on the official government site
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