Okla. Stat. tit. 60, § 60-1601.8

This is the official text of Okla. Stat. tit. 60, § 60-1601.8, 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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Principal place of administration

Official statutory text

A. Without precluding other means for establishing a sufficient

connection with the designated jurisdiction, terms of a trust

designating the principal place of administration are valid and

controlling if:

1. A trustee's principal place of business is located in or a

trustee is a resident of the designated jurisdiction; or

2. All or part of the administration occurs in the designated

jurisdiction.

Oklahoma Statutes - Title 60. Property Page 299

B. A trustee is under a continuing duty to administer the trust

at a place appropriate to its purposes, its administration, and the

interests of the beneficiaries.

C. Without precluding the right of the court to order, approve,

or disapprove a transfer, the trustee, in furtherance of the duty

prescribed by subsection B of this section, may transfer the trust's

principal place of administration to another state or to a

jurisdiction outside of the United States.

D. The trustee shall notify the qualified beneficiaries of a

proposed transfer of a trust's principal place of administration not

less than sixty (60) days before initiating the transfer. The

notice of proposed transfer must include:

1. The name of the jurisdiction to which the principal place of

administration is to be transferred;

2. The address and telephone number at the new location at

which the trustee can be contacted;

3. An explanation of the reasons for the proposed transfer;

4. The date on which the proposed transfer is anticipated to

occur; and

5. The date, not less than sixty (60) days after the giving of

the notice, by which the qualified beneficiary must notify the

trustee of an objection to the proposed transfer.

E. The authority of a trustee under this section to transfer a

trust's principal place of administration terminates if a qualified

beneficiary notifies the trustee of an objection to the proposed

transfer on or before the date specified in the notice.

F. In connection with a transfer of the trust's principal place

of administration, the trustee may transfer some or all of the trust

property to a successor trustee designated in the terms of the trust

or appointed pursuant to Section 43 of this act.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.