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Okla. Stat. tit. 60, § 1211

Non-duty of trustee and trust director

Added by Laws 2024, c. 369, § 12, eff

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.

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