Code · Oklahoma · Title 60 — Property

§60-1216. Matters in which trust director subject to rules

62 words·~1 min read·/ok/title-60-property/60-1216

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applicable to trustee.

Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

1. Acceptance;

2. Giving of bond to secure performance;

3. Reasonable compensation;

4. Resignation;

5. Removal; and

6. Vacancy and appointment of a successor. Added by Laws 2024, c. 369, § 17, eff. Nov. 1, 2024.