§ 175.710. Court-ordered distribution
Oklahoma Statutes AnnotatedTitle 60. PropertyEffective: November 1, 2021
Effective: November 1, 2021
60 Okl.St.Ann. § 175.710
§ 175.710. Court-ordered distribution
COURT-ORDERED DISTRIBUTION
B. If the authorized trustee receives a written objection to a distribution under this act from a beneficiary before the proposed effective date of the distribution specified in the notice provided to the beneficiary under Section 6 of this act,1 the trustee or the beneficiary may petition a court to approve, modify or deny the exercise of the trustee's power to make a distribution under this act.
C. If the authorized trustee receives a written objection to the distribution from the attorney general not later than the thirtieth day after the date the notice required by Section 6 of this act was received by the attorney general, the trustee shall not make a distribution under Section 3 or 4 of this act2 without petitioning a court to approve or modify the exercise of the trustee's power to make a distribution under this act.
Credits
Laws 2021, c. 268, § 10, eff. Nov. 1, 2021.
60 Okl. St. Ann. § 175.710, OK ST T. 60 § 175.710
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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