§ 178.4. Trust purpose--Exceptions
Oklahoma Statutes AnnotatedTitle 60. PropertyEffective: November 1, 2018
Effective: November 1, 2018
60 Okl.St.Ann. § 178.4
§ 178.4. Trust purpose--Exceptions
A. Trusts created under the provisions of Sections 176 through 180.55 of this title or any amendments or extensions thereof shall not include any trust purpose, function nor activity primarily used in the distribution centers for intoxicating beverages and low-point beer as defined in Title 37 of the Oklahoma Statutes; nor shall it include a residential enterprise or function except as provided in Section 178.6 of this title. For the purposes of this section, “primarily used” shall mean more than fifty percent (50%) of the warehouse.
Credits
Laws 1976, c. 222, § 11, eff. Dec. 1, 1976; Laws 1985, c. 10, § 1, emerg. eff. March 28, 1985; Laws 1990, c. 72, § 1, emerg. eff. April 16, 1990; Laws 1995, c. 274, § 50, eff. Nov. 1, 1995; Laws 2003, c. 386, § 4, eff. July 1, 2003; Laws 2010, c. 195, § 1, emerg. eff. May 4, 2010; Laws 2018, c. 274, § 1, eff. Nov. 1, 2018.
60 Okl. St. Ann. § 178.4, OK ST T. 60 § 178.4
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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