A. An action against a trust director for breach of trust must be commenced within the same limitation period for an action for breach of trust against a trustee in a like position and under similar circumstances. B. A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have in an action for breach of trust against a trustee in a like position and under similar circumstances. Added by Laws 2024, c. 369, § 14, eff. Nov. 1, 2024.
Limitations on actions against trust director
60 O.S. § 1213, under Property.
60 O.S. § 1213