Okla. Stat. tit. 60, § 60-175.715

Duties not created

Last amended: 2021Year: 2026Length: 89 wordsOfficial source
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.
Okla. Stat. tit. 60, § 60-175.715: Duties not created | Justis AI