Okla. Stat. tit. 60, § 60-175.47

suspension.

A. Except as otherwise provided in subsection B of this

section, the absolute power of alienation of real and personal

property, or either of them, shall not be suspended by any

limitations or conditions for a longer period than during the

continuance of a life or lives of the beneficiaries in being at the

Oklahoma Statutes - Title 60. Property Page 68

creation of the estate and twenty-one (21) years thereafter. The

absolute power of alienation is not suspended if there is any person

in being who, alone or in combination with one or more others, has

the power to sell, exchange, or otherwise convey the real or

personal property. If the terms of a trust do not suspend the

absolute power of alienation of any trust property beyond the term

permitted in this subsection, the trust may exist in perpetuity.

B. The provisions of this section shall not apply when property

is given, granted, bequeathed, or devised to:

1. A charitable use;

2. Literary, educational, scientific, religious, or charitable

corporations for their sole use and benefit;

3. Any cemetery corporation, society or association;

4. The Department of Mental Health and Substance Abuse Services

as provided in Section 2-111 of Title 43A of the Oklahoma Statutes;

or

5. Gifts absolute, limited, or in trust, for the advancement of

medical science to an incorporated state society of physicians and

surgeons.

C. Except as provided in this section, the common law rule

against perpetuities shall not apply to a trust subject to the trust

laws of this state. A trust created in this state or subject to the

trust laws of this state may have a perpetual duration if a timing

provision or limit is not specified in the trust document.