Oklahoma Statutes

§ 31-18 — Grantor limited to single preservation trust.

Oklahoma·Title 31 Homestead And Exemptions

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 act shall be applicable to such new preservation trust.

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Oklahoma § 31-18 (Grantor limited to single preservation trust.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Laws 2004, c. 509, § 9, emerg. eff. June 9, 2004. Amended by Laws 2005, c. 438, § 8, emerg. eff. June 8, 2005.

Nearby Sections

15

§ 31-1

Property exempt from attachment, execution or other forced

§ 31-1.1

Earnings from personal services - Exemption from process -

§ 31-1.3

Certain income not exempt from process.

§ 31-10

§ 31-11

§ 31-12

Corpus and income of preservation trust exempt from

§ 31-13

Preservation trust - Revocable or irrevocable -

§ 31-14

Preservation trust exemptions independent and in addition

§ 31-15

Effect on homestead exemption.

§ 31-16

Revocation of preservation trust cannot be compelled -

§ 31-17

Transfers subject to Uniform Fraudulent Transfer Act.

§ 31-18

Grantor limited to single preservation trust.

§ 31-2

Homestead - Area and value - Indian allottees - Temporary

§ 31-3

Persons not protected.

§ 31-4

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