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§ 18. Grantor limited to single preservation trust

Oklahoma Statutes AnnotatedTitle 31. Homestead and Exemptions

Oklahoma Statutes Annotated
Title 31. Homestead and Exemptions (Refs & Annos)
Family Wealth Preservation Trust Act
31 Okl.St.Ann. § 18
§ 18. Grantor limited to single preservation trust
Currentness
A grantor may not establish more than one preservation trust. However, in the event a preservation trust established by a grantor is wholly revoked or terminated, the grantor may establish a new preservation trust, and this act1 shall be applicable to such new preservation trust.

Credits

Laws 2004, c. 509, § 9, emerg. eff. June 9, 2004; Laws 2005, c. 438, § 8, emerg. eff. June 8, 2005.

Footnotes

1
Title 31, § 10 et seq.
31 Okl. St. Ann. § 18, OK ST T. 31 § 18
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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