Okla. Stat. tit. 60, § 60-1607.1

This is the official text of Okla. Stat. tit. 60, § 60-1607.1, 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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Accepting or declining trusteeship

Official statutory text

A. Except as otherwise provided in subsection C of this

section, a person designated as trustee accepts the trusteeship:

1. By substantially complying with a method of acceptance

provided in the terms of the trust; or

2. If the terms of the trust do not provide a method or the

method provided in the terms is not expressly made exclusive, by

accepting delivery of the trust property, exercising powers or

performing duties as trustee, or otherwise indicating acceptance of

the trusteeship.

Oklahoma Statutes - Title 60. Property Page 311

B. A person designated as trustee who has not yet accepted the

trusteeship may reject the trusteeship. A designated trustee who

does not accept the trusteeship within a reasonable time after

knowing of the designation is deemed to have rejected the

trusteeship.

C. A person designated as trustee, without accepting the

trusteeship, may:

1. Act to preserve the trust property if, within a reasonable

time after acting, the person sends a rejection of the trusteeship

to the settlor or, if the settlor is dead or lacks capacity, to a

qualified beneficiary; and

2. Inspect or investigate trust property to determine potential

liability under environmental or other law or for any other purpose.

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.