Power of direction

60 O.S. § 1206, under Property.

60 O.S. § 1206

A. Subject to Section 8 of this act, the terms of a trust may grant a power of direction to a trust director. B. Unless the terms of a trust provide otherwise: 1. A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection A of this section; and 2. Trust directors with joint powers must act by majority decision. Added by Laws 2024, c. 369, § 7, eff. Nov. 1, 2024.