Okla. Stat. tit. 60 § 1316

Current through Laws 2024, c. 453.

Section 1316

If more than one qualified disposition is made by means of the same trust instrument:

1. The making of a subsequent qualified disposition shall be disregarded in determining whether a creditor's claim with respect to a prior qualified disposition is extinguished as provided in Section 30 of this act; and

2. Any distribution to a beneficiary is deemed to have been made from the latest such qualified disposition.

Okla. Stat. tit. 60, § 1316

Added by Laws 2024 , c. 369, s. 34, eff. 11/1/2024.