Okla. Stat. tit. 60, § 60-175.70
This is the official text of Okla. Stat. tit. 60, § 60-175.70, 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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Language invoking standard of the Oklahoma Uniform
Official statutory text
Prudent Investor Act.
Language Invoking Standard of the Oklahoma Uniform Prudent
Investor Act.
The following terms or comparable language in the provisions of
a trust, unless otherwise limited or modified, authorizes any
investment or strategy permitted under the Oklahoma Uniform Prudent
Investor Act: "Investments permissible by law for investment of
trust funds", "legal investments", "authorized investments", "using
the judgment and care under the circumstances then prevailing that
persons of prudence, discretion, and intelligence exercise in the
management of their own affairs, not in regard to speculation but in
regard to the permanent disposition of their funds, considering the
probable income as well as the probable safety of their capital",
"prudent man rule", "prudent trustee rule", "prudent person rule",
and "prudent investor rule".
Language Invoking Standard of the Oklahoma Uniform Prudent
Investor Act.
The following terms or comparable language in the provisions of
a trust, unless otherwise limited or modified, authorizes any
investment or strategy permitted under the Oklahoma Uniform Prudent
Investor Act: "Investments permissible by law for investment of
trust funds", "legal investments", "authorized investments", "using
the judgment and care under the circumstances then prevailing that
persons of prudence, discretion, and intelligence exercise in the
management of their own affairs, not in regard to speculation but in
regard to the permanent disposition of their funds, considering the
probable income as well as the probable safety of their capital",
"prudent man rule", "prudent trustee rule", "prudent person rule",
and "prudent investor rule".
Status: in_force · Read it on the official government site
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