Okla. Stat. tit. 60, § 60-1607.2
This is the official text of Okla. Stat. tit. 60, § 60-1607.2, 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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Trustee's bond
Official statutory text
A. A trustee shall give bond to secure performance of the
trustee's duties only if the court finds that a bond is needed to
protect the interests of the beneficiaries or is required by the
terms of the trust and the court has not dispensed with the
requirement.
B. The court may specify the amount of a bond, its liabilities,
and whether sureties are necessary. The court may modify or
terminate a bond at any time.
C. A regulated financial service institution qualified to do
trust business in this state need not give bond, even if required by
the terms of the trust.
trustee's duties only if the court finds that a bond is needed to
protect the interests of the beneficiaries or is required by the
terms of the trust and the court has not dispensed with the
requirement.
B. The court may specify the amount of a bond, its liabilities,
and whether sureties are necessary. The court may modify or
terminate a bond at any time.
C. A regulated financial service institution qualified to do
trust business in this state need not give bond, even if required by
the terms of the trust.
Status: in_force · Read it on the official government site
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