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Intestacy, Wills, and Donative Transfers: Intestate succession of property; procedures for making, interpretation, and revocation of wills (includes Statutory rule against perpetuities and Uniform Simultaneous Death Act) 3 Probate of Wills and Administration: Procedural rules for the probate process 4
To ensure comprehensive input, they consulted with advisors and legal groups like the Joint Editorial Board for Uniform Trusts and Estates Acts and ACTEC's Committee on State Laws. The final text of the Uniform Trust Code (UTC) was approved by the ULC commissioners in August 2000.
[37] Trustees cannot act (or omit to act) if the trust's purposes are illegal, impossible to achieve or else against public policy. [38] The standard for a trustee actions under the UTC is that a trustee must act "as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust."
The Emergency Interim Executive and Judicial Succession Act (63 O.S. Sections 685.1 - 685.11) is an Oklahoma state law governing emergency succession to the all offices of the state and local governments, excluding the members of the Oklahoma Legislature, which are governed by the Oklahoma Emergency Management Interim Legislative Succession Act.
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There are currently has 90 titles though some titles do not currently have any active laws. [1] Laws are approved by the Oklahoma Legislature and signed into law by the governor of Oklahoma. Certain types of laws are prohibited by the state Constitution, and could be struck down (ruled unconstitutional) by the Oklahoma Supreme Court.