Okla. Stat. tit. 60, § 60-175.719
This is the official text of Okla. Stat. tit. 60, § 60-175.719, 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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Compensation of trustee
Official statutory text
COMPENSATION OF TRUSTEE
A. Except as provided by subsection B of this section and
unless a court, on application of the authorized trustee, directs
otherwise, the trustee shall not exercise a power under Section 3 or
4 of this act solely to change trust provisions regarding the
determination of the compensation of any trustee.
B. An authorized trustee, in connection with the exercise of a
power under Section 3 or 4 of this act for another valid and
reasonable purpose, may bring the trustee's compensation into
conformance with reasonable limits authorized by state law.
C. The compensation payable to an authorized trustee of the
first trust may continue to be paid to the trustee of the second
trust during the term of the second trust and may be determined in
Oklahoma Statutes - Title 60. Property Page 117
the same manner as the compensation would have been determined in
the first trust.
D. An authorized trustee shall not receive a commission or
other compensation for the distribution of a particular asset from a
first trust to a second trust under Section 3 or 4 of this act.
A. Except as provided by subsection B of this section and
unless a court, on application of the authorized trustee, directs
otherwise, the trustee shall not exercise a power under Section 3 or
4 of this act solely to change trust provisions regarding the
determination of the compensation of any trustee.
B. An authorized trustee, in connection with the exercise of a
power under Section 3 or 4 of this act for another valid and
reasonable purpose, may bring the trustee's compensation into
conformance with reasonable limits authorized by state law.
C. The compensation payable to an authorized trustee of the
first trust may continue to be paid to the trustee of the second
trust during the term of the second trust and may be determined in
Oklahoma Statutes - Title 60. Property Page 117
the same manner as the compensation would have been determined in
the first trust.
D. An authorized trustee shall not receive a commission or
other compensation for the distribution of a particular asset from a
first trust to a second trust under Section 3 or 4 of this act.
Status: in_force · Read it on the official government site
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