Okla. Stat. tit. 60, § 60-1604.13

This is the official text of Okla. Stat. tit. 60, § 60-1604.13, 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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Modification or termination of uneconomic trust

Official statutory text

A. After notice to the qualified beneficiaries, the trustee of

a trust consisting of trust property having a total value less than

Fifty Thousand Dollars ($50,000.00) may terminate the trust if the

trustee concludes that the value of the trust property is

insufficient to justify the cost of administration.

B. The court may modify or terminate a trust or remove the

trustee and appoint a different trustee if it determines that the

value of the trust property is insufficient to justify the cost of

administration.

C. Upon termination of a trust under this section, the trustee

shall distribute the trust property in a manner consistent with the

purposes of the trust.

D. This section does not apply to an easement for conservation

or preservation.

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.