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Okla. Stat. tit. 60, § 1316

Multiple qualified dispositions by same trust instrument

Added by Laws 2024, c. 369, § 34, eff

If more than one qualified disposition is made by means of the same trust instrument:

1. The making of a subsequent qualified disposition shall be disregarded in determining whether a creditor's claim with respect to a prior qualified disposition is extinguished as provided in Section 30 of this act; and 2. Any distribution to a beneficiary is deemed to have been made from the latest such qualified disposition.

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