Okla. Stat. tit. 60, § 60-1316
This is the official text of Okla. Stat. tit. 60, § 60-1316, 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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Multiple qualified dispositions by same trust instrument
Official statutory text
If more than one qualified disposition is made by means of the
same trust instrument:
1. The making of a subsequent qualified disposition shall be
disregarded in determining whether a creditor's claim with respect
to a prior qualified disposition is extinguished as provided in
Section 30 of this act; and
2. Any distribution to a beneficiary is deemed to have been
made from the latest such qualified disposition.
same trust instrument:
1. The making of a subsequent qualified disposition shall be
disregarded in determining whether a creditor's claim with respect
to a prior qualified disposition is extinguished as provided in
Section 30 of this act; and
2. Any distribution to a beneficiary is deemed to have been
made from the latest such qualified disposition.
Status: in_force · Read it on the official government site
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