Okla. Stat. tit. 60, § 60-175.7
This is the official text of Okla. Stat. tit. 60, § 60-175.7, 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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Rights of transferee of trust property for value and
Official statutory text
without notice.
If the trustee in breach of trust transfers trust property to,
or creates a legal interest in the subject matter of the trust in, a
person who takes for value and without notice of breach of the
trust, actual or constructive under the recording act, and who is
not knowingly taking part in an illegal transaction, the latter
holds the interest so transferred or created free of the trust and
is under no liability to the beneficiary.
If the trustee in breach of trust transfers trust property to,
or creates a legal interest in the subject matter of the trust in, a
person who takes for value and without notice of breach of the
trust, actual or constructive under the recording act, and who is
not knowingly taking part in an illegal transaction, the latter
holds the interest so transferred or created free of the trust and
is under no liability to the beneficiary.
Status: in_force · Read it on the official government site
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