§60-1604.9. Modification or termination of trust — Proceedings for
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/ok/title-60-property/60-1604-9·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
approval or disapproval.
A. In addition to the methods of termination prescribed by Sections 29 through 32 of this act, a trust terminates to the extent the trust is revoked or expires pursuant to its terms, no purpose of the trust remains to be achieved, or the purposes of the trust have become unlawful, contrary to public policy, or impossible to achieve.
B. A proceeding to approve or disapprove a proposed modification or termination under Sections 29 through 34 of this act, or trust combination or division under Section 35 of this act, may be commenced by a trustee or beneficiary, and a proceeding to approve or disapprove a proposed modification or termination under Section 29 of this act may be commenced by the settlor. The settlor of a charitable trust may maintain a proceeding to modify the trust under Section 31 of this act. Added by Laws 2025, c. 254, § 28, eff. Nov. 1, 2025.