Oklahoma § 60-1211 Non-duty of trustee and trust director.

Oklahoma Statutes

§ 60-1211 — Non-duty of trustee and trust director.

Oklahoma·Title 60 Property

A.Unless the terms of a trust provide otherwise: 1. A trustee does not have a duty to: a. monitor a trust director, or b. inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and 2. By taking an action described in paragraph 1 of this subsection, a trustee does not assume the duty excluded by paragraph 1 of this subsection.

B.Unless the terms of a trust provide otherwise: 1. A trust director does not have a duty to: a. monitor a trustee or another trust director, or b. inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and 2. By

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A. Unless the terms of a trust provide otherwise: 1. A trustee does not have a duty to: a. monitor a trust director, or b. inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and 2. By taking an action described in paragraph 1 of this subsection, a trustee does not assume the duty excluded by paragraph 1 of this subsection. B. Unless the terms of a trust provide otherwise: 1. A trust director does not have a duty to: a. monitor a trustee or another trust director, or b. inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and 2. By taking an action described in paragraph 1 of this subsection, a trust director does not assume the duty excluded by paragraph 1 of this subsection.

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