Oklahoma SB2104: Trusts; modifying requirements related to management and enforceability of trusts. Effective date.

What the bill says

An Act relating to trusts; amending 60 O.S. 2021, Section 175.23, which relates to jurisdiction of district court; clarifying venue of certain actions; clarifying necessary parties to certain actions; directing applicability of certain provisions; amending 60 O.S. 2021, Section 175.717, which relates to exceptions to power of distribution; modifying certain exceptions; amending Section 39, Chapter 369, O.S.L. 2024 (60 O.S. Supp. 2025, Section 1402), which relates to nonjudicial settlement agreements; defining term; directing applicability of certain provisions…

From the enrolled text, May 6, 2026:

An Act relating to trusts; amending 60 O.S. 2021, Section 175.23, which relates to jurisdiction of district court; clarifying venue of certain actions; clarifying necessary parties to certain actions; directing applicability of certain provisions; amending 60 O.S. 2021, Section 175.717, which relates to exceptions to power of distribution; modifying certain exceptions; amending Section 39, Chapter 369, O.S.L. 2024 (60 O.S. Supp. 2025, Section 1402), which relates to nonjudicial settlement agreements; defining term; directing applicability of certain provisions; amending Section 3, Chapter 254, O.S.L. 2025 (60 O.S. Supp. 2025, Section 1601.3), which relates to Oklahoma Uniform Trust Code definitions; modifying definitions; providing for enforceability of certain provisions; providing exceptions; providing certain evidentiary standard; construing provisions; amending Section 46, Chapter 254, O.S.L. 2025 (60 O.S. Supp. 2025, Section 1607.7), which relates to delivery of property by former trustee; modifying requirements for delivery of trust property by certain trustee; establishing procedures for trustee to obtain a nonjudicial settlement of account; requiring certain notice; stating required contents of certain notice; establishing procedures for objection to certain settlement; providing for distribution of trust assets under certain circumstances; barring certain claims; directing applicability of certain provisions; amending Sections 71 and 74, Chapter 254, O.S.L. 2025 (60 O.S. Supp. 2025, Sections 1609.7 and 1610.3), which relate to certification of trust and applicability; clarifying statutory reference; construing provisions; …