Okla. Stat. tit. 60 § 1306

Current through Laws 2024, c. 453.
Section 1306

Neither the transferor nor any other natural person who is a nonresident of this state nor an entity that is not authorized by the laws of this state to act as a trustee or whose activities are not subject to supervision as provided in Section 22 of this act may be considered a qualified person. However, nothing in this act precludes a transferor from appointing, removing, or replacing one or more cotrustees, trust advisors, or trust protectors, regardless of whether or not such trust advisor or trust protector is a fiduciary.

Okla. Stat. tit. 60, § 1306

Added by Laws 2024 , c. 369, s. 24, eff. 11/1/2024.