§ 175.21. Duties, restrictions or liabilities of trustee--Trustor may relieve trustee or add ot...
Oklahoma Statutes AnnotatedTitle 60. Property
60 Okl.St.Ann. § 175.21
§ 175.21. Duties, restrictions or liabilities of trustee--Trustor may relieve trustee or add others
The trustor of any trust affected by this act may, by provisions in the instrument creating the trust, or by an amendment of the trust if the trustor reserved the power to amend the trust, relieve his trustee from any or all of the duties, restrictions, and liabilities which would otherwise be imposed upon him by this act; or alter or deny to his trustee any or all of the privileges and powers conferred upon the trustee by this act; or add duties, restrictions, liabilities, privileges, or powers to those imposed or granted by this act; but no act of the trustor shall relieve a corporate trustee from the duties, restrictions, and liabilities imposed upon it by Sections 9, 10, and 11 of this act.1
Credits
Laws 1941, p. 255, § 21.
Footnotes
Title 60, §§ 175.9 to 175.11.
60 Okl. St. Ann. § 175.21, OK ST T. 60 § 175.21
Current with emergency effective legislation through Chapter 277 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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