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§ 175.42. Designation of person to whom property shall belong on failure or termination of trus...

Oklahoma Statutes AnnotatedTitle 60. Property

Oklahoma Statutes Annotated
Title 60. Property (Refs & Annos)
Chapter 4. Uses and Trusts
Oklahoma Trust Act (Refs & Annos)
60 Okl.St.Ann. § 175.42
§ 175.42. Designation of person to whom property shall belong on failure or termination of trust--Transfer subject to trust
Notwithstanding anything contained in the last section, the trustor of a trust may, in its creation, prescribe to whom the real or personal property to which the trust relates shall belong, in the event of the failure or termination of the trust, and may transfer or devise such property, subject to the execution of the trust.

Credits

Laws 1941, p. 263, § 42.
60 Okl. St. Ann. § 175.42, OK ST T. 60 § 175.42
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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