Okla. Stat. tit. 60, § 60-175.715
This is the official text of Okla. Stat. tit. 60, § 60-175.715, 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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Duties not created
Official statutory text
DUTIES NOT CREATED
A. This act does not create or imply a duty for an authorized
trustee to exercise a power to distribute principal, and impropriety
shall not be inferred as a result of the trustee not exercising a
power conferred by Section 3 or 4 of this act.
B. An authorized trustee does not have a duty to inform
beneficiaries about the availability of the authority provided by
this act or a duty to review the trust to determine whether any
action should be taken under this act.
A. This act does not create or imply a duty for an authorized
trustee to exercise a power to distribute principal, and impropriety
shall not be inferred as a result of the trustee not exercising a
power conferred by Section 3 or 4 of this act.
B. An authorized trustee does not have a duty to inform
beneficiaries about the availability of the authority provided by
this act or a duty to review the trust to determine whether any
action should be taken under this act.
Status: in_force · Read it on the official government site
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