Okla. Stat. tit. 60, § 60-175.61
This is the official text of Okla. Stat. tit. 60, § 60-175.61, 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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Prudent investor rule
Official statutory text
Prudent Investor Rule.
A. Except as otherwise provided in subsection B of this
section, a trustee who invests and manages trust assets owes a duty
to the beneficiaries of the trust to comply with the prudent
Oklahoma Statutes - Title 60. Property Page 75
investor rule set forth in the Oklahoma Uniform Prudent Investor
Act.
B. The prudent investor rule, a default rule, may be expanded,
restricted, eliminated, or otherwise altered by the provisions of a
trust. A trustee is not liable to a beneficiary to the extent that
the trustee acted in reasonable reliance on the provisions of the
trust.
A. Except as otherwise provided in subsection B of this
section, a trustee who invests and manages trust assets owes a duty
to the beneficiaries of the trust to comply with the prudent
Oklahoma Statutes - Title 60. Property Page 75
investor rule set forth in the Oklahoma Uniform Prudent Investor
Act.
B. The prudent investor rule, a default rule, may be expanded,
restricted, eliminated, or otherwise altered by the provisions of a
trust. A trustee is not liable to a beneficiary to the extent that
the trustee acted in reasonable reliance on the provisions of the
trust.
Status: in_force · Read it on the official government site
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