Oklahoma Statutes
§ 60-71 — Appointment of trustee where there are contingent
Oklahoma·Title 60 Property
remainders. In any case where, by will or deed or other instrument, title to real estate is in a tenant for life or other person having the right to the use thereof and income therefrom, with the remainder interest left to one or more contingent remaindermen, so that it is impossible to determine until the death of the life tenant or the future happening of some other determining event, what interest, if any, the various contingent remaindermen will take; the district court, upon the application of the life tenant, shall have jurisdiction and authority to appoint a trustee under proper bond, over said real estate, for the purpose of leasing the same for oil and gas developing purposes.
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Legislative History
Added by Laws 1939, p. 355, § 1, emerg. eff. May 10, 1939.
Nearby Sections
15
§ 60-1
Definition of property.§ 60-1002
Plane coordinate values.§ 60-1005
Definitions.§ 60-1007
Conversion of feet to meters.§ 60-1101
Unconstitutional.§ 60-1102
Unconstitutional.§ 60-1103
Unconstitutional.§ 60-1104
Unconstitutional.§ 60-1105
Unconstitutional.§ 60-1106
Unconstitutional.