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OK SB1920

Bill

Official Source

Status

Introduced

2/3/2014

Primary Sponsor

Bryce Marlatt

Click for details

Origin

Senate

2014 Regular Session

AI Summary

SB 1920 Summary

  • Amends 60 O.S. 2011, Section 33 relating to suspension of the power of alienation in property trusts.

  • Updates an outdated statutory reference from "the second preceding section" to "Section 31 of this title" for clarity and accuracy.

  • Maintains existing law regarding the suspension of powers to alienate trust property, including exceptions for property exchange and reinvestment powers.

  • Becomes effective November 1, 2014.

Legislative Description

Property; updating statutory reference. Effective date.

Property

Last Action

Second Reading referred to Rules

2/4/2014

Committee Referrals

Rules2/4/2014

Full Bill Text

No bill text available