Oklahoma Statutes
§ 60-1206 — Power of direction.
Oklahoma·Title 60 Property
A.Subject to Section 8 of this act, the terms of a trust may grant a power of direction to a trust director.
B.Unless the terms of a trust provide otherwise: 1. A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection A of this section; and 2. Trust directors with joint powers must act by majority decision.
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Legislative History
Added by Laws 2024, c. 369, § 7, eff. Nov. 1, 2024.
Nearby Sections
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Unconstitutional.