Oklahoma Statutes

§ 60-175.501 — Disbursements from income.

Oklahoma § 60-175.501
JurisdictionOklahoma
Title 60Property

This text of Oklahoma § 60-175.501 (Disbursements from income.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Okla. Stat. tit. 60, § 60-175.501 (2026).

Text

DISBURSEMENTS FROM INCOME A trustee shall make the following disbursements from income to the extent that they are not disbursements to which subparagraph b or c of paragraph 2 of Section 5 of this act applies: 1. One-half of the regular compensation of the trustee and of any person providing investment advisory or custodial services to the trustee; 2. One-half of all expenses for accountings, judicial proceedings, or other matters that involve both the income and remainder interests; 3. All of the other ordinary expenses incurred in connection with the administration, management, or preservation of trust property and the distribution of income, including interest, ordinary repairs, regularly recurring taxes assessed against principal, and expenses of a proceeding or other matter that conc

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Legislative History

Added by Laws 1998, c. 115, § 25, eff. Nov. 1, 1998.

Nearby Sections

15
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Bluebook (online)
Oklahoma § 60-175.501, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/60/60-175.501.