Okla. Stat. tit. 60, § 60-175.714
This is the official text of Okla. Stat. tit. 60, § 60-175.714, 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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Need for distribution not required
Official statutory text
NEED FOR DISTRIBUTION NOT REQUIRED
An authorized trustee may exercise the power to distribute
principal to a second trust under Section 3 or 4 of this act
regardless of whether there is a current need to distribute
principal under the terms of the first trust.
An authorized trustee may exercise the power to distribute
principal to a second trust under Section 3 or 4 of this act
regardless of whether there is a current need to distribute
principal under the terms of the first trust.
Status: in_force · Read it on the official government site
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