Okla. Stat. tit. 60, § 60-140
This is the official text of Okla. Stat. tit. 60, § 60-140, 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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Surplus liable to creditors
Official statutory text
Where a trust is created to receive the rents and profits of
real property, and no valid direction for accumulation is given, the
surplus of such rents and profits, beyond the sum that may be
necessary for the education and support of the person for whose
benefit the trust is created, is liable to the claims of the
creditors of such person, in the same manner as personal property
which cannot be reached by execution.
real property, and no valid direction for accumulation is given, the
surplus of such rents and profits, beyond the sum that may be
necessary for the education and support of the person for whose
benefit the trust is created, is liable to the claims of the
creditors of such person, in the same manner as personal property
which cannot be reached by execution.
Status: in_force · Read it on the official government site
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