Oklahoma Code § 60-175.70

Title 60. Property: Language invoking standard of the Oklahoma Uniform
Open in Lexace · Ask the AI about this section
Prudent Investor Act.
Language Invoking Standard of the Oklahoma Uniform Prudent
Investor Act.
The following terms or comparable language in the provisions of
a trust, unless otherwise limited or modified, authorizes any
investment or strategy permitted under the Oklahoma Uniform Prudent
Investor Act:  "Investments permissible by law for investment of
trust funds", "legal investments", "authorized investments", "using
the judgment and care under the circumstances then prevailing that
persons of prudence, discretion, and intelligence exercise in the
management of their own affairs, not in regard to speculation but in
regard to the permanent disposition of their funds, considering the
probable income as well as the probable safety of their capital",
"prudent man rule", "prudent trustee rule", "prudent person rule",
and "prudent investor rule".

‹ Prev All Oklahoma sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.