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OK SB1978

Bill

Official Source

Status

Introduced

2/1/2010

Primary Sponsor

Dan Newberry

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Repeals 60 O.S. 2001, Section 178.4 (as amended in 2003), which previously addressed trust purpose provisions in Oklahoma property law.

  • Removes statutory language governing the purposes for which trusts could be established and maintained under Oklahoma law.

  • Effective date of November 1, 2010 for the repeal of the trust purpose statute.

Legislative Description

Property; relating to trust purpose; providing for repealer. Effective date.

Property

Last Action

Pending authorship Representative(s) Jordan

2/10/2010

Committee Referrals

Judiciary2/2/2010

Full Bill Text

No bill text available