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Okla. Stat. tit. 60, § 1206

Power of direction

Added by Laws 2024, c. 369, § 7, eff

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.

Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.