Okla. Stat. tit. 60, § 60-179
This is the official text of Okla. Stat. tit. 60, § 60-179, 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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Status of trustee - Liability for acts
Official statutory text
The trustee, or trustees, under such an instrument or will shall
be an agency of the state and the regularly constituted authority of
the beneficiary for the performance of the functions for which the
trust shall have been created. No trustee or beneficiary shall be
charged personally with any liability whatsoever by reason of any
act or omission committed or suffered in the performance of such
trust or in the operation of the trust property; but any act,
liability for any omission or obligation of a trustee or trustees,
in the execution of such trust, or in the operation of the trust
property, shall extend to the whole of the trust estate, or so much
thereof as may be necessary to discharge such liability or
obligation, and not otherwise.
be an agency of the state and the regularly constituted authority of
the beneficiary for the performance of the functions for which the
trust shall have been created. No trustee or beneficiary shall be
charged personally with any liability whatsoever by reason of any
act or omission committed or suffered in the performance of such
trust or in the operation of the trust property; but any act,
liability for any omission or obligation of a trustee or trustees,
in the execution of such trust, or in the operation of the trust
property, shall extend to the whole of the trust estate, or so much
thereof as may be necessary to discharge such liability or
obligation, and not otherwise.
Status: in_force · Read it on the official government site
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