A. Express trusts may be created to issue obligations, enter into financing arrangements including, but not limited to, lease-leaseback, sale-leaseback, interest rate swaps and other similar transactions and to provide funds for the furtherance and accomplishment of any authorized and proper public function or purpose of the state or of any county or municipality or any and all combinations thereof, in real or personal property, or either or both, or in any estate or interest in either or both, with the state, or any county or municipality or any and all combinations thereof, as the beneficiary thereof by:
1. The express approval of the Legislature and the Governor if the State of Oklahoma is the beneficiary;
2. The express approval of two-thirds (2/3) of the membership of the governing body of the beneficiary if a county is a beneficiary;
3. The express approval of two-thirds (2/3) of the membership of the governing body of the beneficiary if a municipality is a beneficiary; or
4. The express approval of two-thirds (2/3) of the membership of the governing body of each beneficiary in the event a trust has more than one beneficiary; provided, that no funds of a beneficiary derived from sources other than the trust property, or the operation thereof, shall be charged with or expended for the execution of the trust, except by express action of the legislative authority of the beneficiary prior to the charging or expending of the funds. The officers or any other governmental agencies or authorities having the custody, management or control of any property, real or personal or mixed, of the beneficiary of the trust, or of a proposed trust, which property shall be needful for the execution of the trust purposes, are authorized and empowered to lease the property for those purposes, after the acceptance of the beneficial interest therein by the beneficiary as hereinafter provided.
B. Any trust created pursuant to the provisions of this section, in whole or in part, may engage in activities outside of the geographic boundaries of its beneficiary, so long as the activity provides a benefit to a large class of the public within the beneficiary's geographic area or lessens the burdens of government of the beneficiary and which does not solely provide a benefit by generating administrative fees.
C. A municipality may convey title to real property which is used for an airport to the trustees of an industrial development authority trust whose beneficiary is the municipality. The industrial development authority trust must already have the custody, management or control of the real property. The conveyance must be approved by a majority of the governing body of the municipality. A conveyance pursuant to this section may be made only for the sole purpose of allowing the authority to sell the property for fair market value when the property is to be used for industrial development purposes. Conveyances made pursuant to this subsection shall be made subject to any existing reversionary interest or other restrictions burdening the property and subject to any reversionary interest or other restriction considered prudent by the municipality.
D. The trustees of a public trust having the State of Oklahoma as beneficiary shall make and adopt bylaws for the due and orderly administration and regulation of the affairs of the public trust. All bylaws of a public trust having the State of Oklahoma as beneficiary shall be submitted in writing to the Governor of the State of Oklahoma. The Governor must approve the proposed bylaws before they take effect.
E. No public trust in which the State of Oklahoma is the beneficiary may be amended without a two-thirds (2/3) vote of approval of the trustees of the trust; provided, that any amendment is subject to the approval of the Governor of the State of Oklahoma. Any amendments shall be sent to the Governor within fifteen (15) days of their adoption.
F. No trust in which a county or municipality is the beneficiary shall hereafter create an indebtedness or obligation until the indebtedness or obligation has been approved by a two-thirds (2/3) vote of the governing body of the beneficiary. In the event a trust has more than one beneficiary, as authorized by this section, the trust shall not incur an indebtedness or obligation until the indebtedness or obligation has been approved by a two-thirds (2/3) vote of the governing body of two-thirds (2/3) of the beneficiaries of the trust. Provided, however, a municipality with a governing body consisting of fewer than seven (7) members shall be required to approve the creation of an indebtedness or obligation under this subsection by a three-fifths (3/5) vote of the governing body.
G. All bonds described in subsection F of this section, after December 1, 1976, except bonds sold to the federal government or any agency thereof or to any agency of the State of Oklahoma, shall be awarded to the lowest and best bidder based upon open competitive public offering, advertised at least once a week for two (2) successive weeks in a newspaper of general circulation in the county where the principal office of the trust is located prior to the date on which bids are received and opened; provided, competitive bidding may be waived on bond issues with the approval of three-fourths (3/4) of the trustees, unless the trust has fewer than four trustees, in which case a two-thirds (2/3) approval shall be required, and a three-fourths (3/4) vote of the governing body of the beneficiary, unless the beneficiary is a county in which case a two-thirds (2/3) vote of the members of the governing body shall be required, or three-fourths (3/4) vote of the governing bodies of each of the beneficiaries of the trust, unless one of the beneficiaries is a county in which case a two-thirds (2/3) vote of the members of the governing body of such county shall be required. No bonds shall be sold for less than par value, except upon approval of three-fourths (3/4) of the trustees, unless the beneficiary is a county in which case a two-thirds (2/3) vote of the members of the governing body shall be required. In no event shall bonds be sold for less than sixty-five percent (65%) of par value; provided, however, in no event shall the original purchaser from the issuer of any bonds issued by any public trust for any purpose receive directly or indirectly any fees, compensation or other remuneration in excess of four percent (4%) of the price paid for the bonds by the purchaser of the bonds from the original purchaser; and further provided, that the average coupon rate thereon shall in no event exceed fourteen percent (14%) per annum. No public trust shall sell bonds for less than ninety-six percent (96%) of par value until the public trust has received from the underwriter or financial advisor or, in the absence of an underwriter or financial advisor, the initial purchaser of the bonds, an estimated alternative financing structure or structures showing the estimated total interest and principal cost of each alternative. At least one alternative financing structure shall include bonds sold to the public at par. Any estimates shall be considered a public record of the public trust. Bonds, notes or other evidences of indebtedness issued by any public trust shall be eligible for purchase by any state banking association or corporation subject to such limitations as to investment quality as may be imposed by regulations, rules or rulings of the State Banking Commissioner.
H. Public trusts created pursuant to this section shall file annually, with their respective beneficiaries, copies of financial documents and reports sufficient to demonstrate the fiscal activity of such trust including, but not limited to, budgets, financial reports, bond indentures and audits. Amendments to the adopted budget shall be approved by the trustees of the public trust and recorded as such in the official minutes of such trust.
I. Public construction contracts as defined by the Public Competitive Bidding Act of 1974 shall be subject to the Public Competitive Bidding Act of 1974 and the Fair Pay for Construction Act, where applicable. The provisions of this subsection shall not apply to contracts of industrial and cultural trusts.
J. Any public trust created pursuant to the provisions of this section shall have the power to acquire lands by use of eminent domain in the same manner and according to the procedures provided for in Sections 51 through 65 of Title 66 of the Oklahoma Statutes. Any exercise of the power of eminent domain by a public trust pursuant to the provisions of this section shall be limited to the furtherance of public purpose projects involving revenue-producing utility projects of which the public trust retains ownership; provided, for public trusts in which the State of Oklahoma is the beneficiary the exercise of the power of eminent domain may also be used for public purpose projects involving air transportation. Revenue-producing utility projects shall be limited to projects for the transportation, delivery, treatment or furnishing of water for domestic purposes or for power including, but not limited to, the construction of lakes, pipelines and water treatment plants or for projects for rail transportation. Any public trust formed pursuant to this section which has a county as its beneficiary shall have the power to acquire, by use of eminent domain, any lands located either inside the county, or contiguous to the county pursuant to the limitations imposed pursuant to this section.
K. Provisions of this section shall not apply to entities created under Sections 1324.1 through 1324.26 of Title 82 of the Oklahoma Statutes.
L. Any trust created under Section 176 et seq. of this title, in whole or in part, to operate, administer or oversee any county jail facility shall consist of not less than five members and include a county commissioner and the county sheriff, or their designee, and one member appointed by each of the county commissioners. The appointed members shall not be elected officials.
Added by Laws 1951, p. 166, § 1. Amended by Laws 1953, p. 277, § 1, emerg. eff. May 7, 1953; Laws 1970, c. 319, § 1; Laws 1976, c. 222, § 1, eff. Dec. 1, 1976; Laws 1980, c. 12, § 1, emerg. eff. March 18, 1980; Laws 1987, c. 144, § 1, emerg. eff. June 24, 1987; Laws 1988, c. 111, § 1, emerg. eff. April 4, 1988; Laws 1988, 3rd Ex. Sess., c. 2, § 1, emerg. eff. Sept. 9, 1988; Laws 1990, c. 269, § 1, emerg. eff. May 25, 1990; Laws 1991, 1st Ex. Sess., c. 1, § 3, emerg. eff. Jan. 18, 1991; Laws 1991, c. 124, § 32, eff. July 1, 1991; Laws 1991, c. 335, § 18, emerg. eff. June 15, 1991; Laws 1992, c. 371, § 5, eff. July 1, 1992; Laws 1996, c. 148, § 1; Laws 1996, c. 288, § 4, eff. July 1, 1996; Laws 1998, c. 173, § 1, eff. Nov. 1, 1998; Laws 1999, c. 149, § 1, eff. July 1, 1999; Laws 2002, c. 39, § 1, eff. Nov. 1, 2002; Laws 2003, c. 184, § 5, eff. Nov. 1, 2003; Laws 2004, c. 5, § 48, emerg. eff. March 1, 2004; Laws 2010, c. 98, § 1, eff. Nov. 1, 2010; Laws 2016, c. 233, § 3; Laws 2017, c. 42, § 22; Laws 2019, c. 405, § 1, eff. Nov. 1, 2019; Laws 2021, c. 262, § 1, eff. Nov. 1, 2021; Laws 2022, c. 120, § 1, eff. Nov. 1, 2022.
NOTE: Laws 1991, c. 94, § 1 repealed by Laws 1991, c. 335, § 37, emerg. eff. June 15, 1991. Laws 1996, c. 133, § 1 repealed by Laws 1996, c. 288, § 9, eff. Nov. 1, 1996. Laws 2002, c. 33, § 1 repealed by Laws 2003, c. 3, § 55, emerg. eff. March 19, 2003. Laws 2003, c. 3, § 54 repealed by Laws 2004, c. 5, § 49, emerg. eff. March 1, 2004. Laws 2016, c. 12, § 1 repealed by Laws 2017, c. 42, § 23. Laws 2016, c. 142, § 1 repealed by Laws 2017, c. 42, § 24.
Structure Oklahoma Statutes
§60-1. Definition of property.
§60-2. Ownership, what subject to.
§60-3. Wild animals may be owned, when.
§60-9. Personal property defined.
§60-21. Real property, what law governs.
§60-22. Classification as to duration.
§60-23. Estate in fee defined.
§60-24. Estates tail abolished.
§60-25. Limitation of remainder in tail.
§60-26. Certain estates defined.
§60-27. Estate pour autre vie.
§60-28. Particular estate not necessary to remainder.
§60-31. Suspension of alienation.
§60-32. Suspension of ownership limited.
§60-34. Contingent remainder in fee, on prior remainder.
§60-36. Certain limitations of estates void.
§60-36.1. Death of life tenant - Prima facie evidence.
§60-37. Remainder on successive lives must be in fee.
§60-38. Contingent remainder on term of years.
§60-39. Estate for life limited as remainder.
§60-40. Conditional limitations.
§60-41. Remainder in fee to heirs after life estate.
§60-42. Remainder not contingent.
§60-43. Future estate after unexecuted power.
§60-44. Termination of estate at will.
§60-45. Notice of termination.
§60-48. Possession, action for.
§60-49. Easements attached to land.
§60-49.3. Creation, conveyance, acceptance, and duration.
§60-49.7. Uniformity of application and construction.
§60-49.8. Additional Construction.
§60-49.13. Nature of rights - Subordination of interests.
§60-49.14. Contents of environmental covenant.
§60-49.15. Validity - Effective on other instruments.
§60-49.16. Relationship to other land-use law.
§60-49.19. Duration - Amendment by court action.
§60-49.20. Amendment or termination by consent.
§60-49.21. Enforcement of environmental covenant.
§60-49.22. Uniformity of application and construction.
§60-49.23. Relation to Electronic Signatures in Global and National Commerce Act.
§60-50. Easements not attached to land.
§60-51. Dominant and servient tenements.
§60-52. Servitude, who may create.
§60-53. Servitude, who cannot hold.
§60-55. Partition of servitude.
§60-56. Rights of owner of future estate.
§60-57. Action to enforce easement.
§60-58. Action for possession of servient tenement.
§60-59. Servitude extinguished, how.
§60-59.1. Abstracting easement with mortgage or bond indenture - Restrictions.
§60-59.2. Abstracting or copying mortgage or bond indenture without authorization - Damages.
§60-60. Ownership of water - Use of running water.
§60-62. Life lease rent, recovery after death.
§60-63. Action for injury to inheritance.
§60-64. Fee title covers what.
§60-66. Lateral and subjacent support, right to.
§60-67. Trees on land, ownership of.
§60-68. Trees on line, ownership of.
§60-69. Duties of life tenant.
§60-70. Boundaries and fences.
§60-71. Appointment of trustee where there are contingent remainders.
§60-72. Trustee may make oil and gas leases and other mining leases.
§60-74. Joint tenancy and tenancy by entirety.
§60-75. Reformation of interests violating rule against perpetuities - Intent.
§60-76. Construction in accordance with cy pres doctrine.
§60-77. Reformation of offending instruments.
§60-78. Applicability to certain inter vivos instruments, wills and appointments.
§60-121. Alien may not hold land - Ownership of personalty.
§60-123. Five-year limitation in certain cases.
§60-124. Escheat to state, unless conveyance made.
§60-125. Procedure to enforce escheat.
§60-126. Procedure - Minors and incompetents as defendants.
§60-131. Trusts of real property.
§60-132. Former uses confirmed.
§60-136. Requisites of a trust.
§60-137. Trust presumed, when.
§60-140. Surplus liable to creditors.
§60-143. Realty passes subject to power.
§60-157. Mortgages - Words not giving notice of existence of trust.
§60-161. Property in which trustee may invest - Judgment and care required.
§60-163. Retention of property originally received.
§60-164. Trust as furtherance of public function.
§60-165. Acquisition of property.
§60-171. Trusts authorized - Powers of trustee.
§60-172. Express trust, how created - Duration - Specification of duration - Extension of term.
§60-173. Succession of trustees.
§60-174. Liability of trustees and beneficiaries.
§60-174.2. Articles of incorporation deemed to contain certain provisions - Amendment.
§60-175.3. Definitions of terms used.
§60-175.4. Legal estate of person in possession and entitled to rents and profits.
§60-175.5. Trustee's title, when not divested by preceding section.
§60-175.6. Manner of creating trust - Beneficiary as cotrustee.
§60-175.6b. Time limit for challenges to validity of prior conveyances.
§60-175.7. Rights of transferee of trust property for value and without notice.
§60-175.8. Transferor of money or property not responsible for application by trustee.
§60-175.9. Trustee lending funds to self, affiliate, etc.
§60-175.10. Deposits by corporate trustee with itself - Security.
§60-175.11. Trustee buying from, or selling to, self, affiliate, etc.
§60-175.12. Trustee selling to self as trustee of another trust.
§60-175.13. Trustee purchasing stock, bond or securities of self, affiliate, etc.
§60-175.14. Trustee voting corporate stock.
§60-175.15. Trustee owning stock in name of nominee - Exemption.
§60-175.16. Powers of trustee attached to office.
§60-175.17. Cotrustees - Powers and liabilities.
§60-175.19. Torts of trustee - Exoneration or reimbursement.
§60-175.20. Actions for trustee's torts - Personal liability of trustee.
§60-175.23. Jurisdiction of district court regarding trusts - Venue - Parties - Applicable statutes.
§60-175.24. Powers of trustees - Enumeration - Others not excluded - Bond of trustee.
§60-175.37. Death of trustee - Appointment of successor.
§60-175.38. Resignation of trustee.
§60-175.39. Removal of trustee - Filling vacancies.
§60-175.40. Rights, duties, etc. of trustees appointed by court.
§60-175.41. Revocation of trust by trustor.
§60-175.43. Legal estate of grantee or devisee of property subject to trust.
§60-175.44. Estates remaining in trustor.
§60-175.47. Suspension of absolute power of alienation - Period of suspension.
§60-175.48. Compensation or commissions of trustee.
§60-175.49. Trust ceases when purpose ceases.
§60-175.50. Repeals as reinstating common law rules.
§60-175.51. Tax statutes to supersede act.
§60-175.53. Agreements, wills and trust relations to which statute applicable.
§60-175.54. Situs in jurisdiction where trustee not qualified to act - Powers of trustee.
§60-175.55. Investment of trust assets by bank, trust company or affiliate of bank or trust company.
§60-175.57. Breach of trust – Remedies - Liability.
§60-175.61. Prudent investor rule.
§60-175.62. Standard of care - Portfolio strategy - Risk and return objectives.
§60-175.64. Duties at inception of trusteeship.
§60-175.68. Reviewing compliance.
§60-175.69. Delegation of investment and management functions.
§60-175.70. Language invoking standard of the Oklahoma Uniform Prudent Investor Act.
§60-175.71. Application to existing trusts.
§60-175.72. Uniformity of application and construction.
§60-175.81. Oklahoma Discretionary and Special Needs Trust Act.
§60-175.83. Applicable provisions for trusts created or modified after November 1, 2010.
§60-175.85. Spendthrift provision.
§60-175.86. Distribution interest - Mandatory, support, and discretionary interests.
§60-175.87. Creditor attachment of mandatory distributions.
§60-175.88. Applicable trust provisions for beneficiaries holding support interests.
§60-175.89. Applicable trust provisions for beneficiaries holding discretionary interests.
§60-175.91. Validity of trust provisions.
§60-175.92. Existence of a spendthrift provision - Amount the creditor or assignee may reach.
§60-175.103. Fiduciary duties - General principles.
§60-175.104. Trustee's power to adjust.
§60-175.201. Determination and distribution of net income.
§60-175.202. Distribution to residuary and remainder beneficiaries.
§60-175.301. When right to income begins and ends.
§60-175.303. Apportionment when income interest ends.
§60-175.401. Character of receipts.
§60-175.402. Distribution from trust or estate.
§60-175.403. Business and other activities conducted by trustee.
§60-175.404. Principal receipts.
§60-175.406. Obligation to pay money.
§60-175.407. Insurance policies and similar contracts.
§60-175.408. Insubstantial allocations not required.
§60-175.409. Deferred compensation, annuities, and similar payments.
§60-175.410. Liquidating asset.
§60-175.411. Minerals, water, and other natural resources.
§60-175.413. Property not productive of income.
§60-175.414. Derivatives and options.
§60-175.415. Asset-backed securities.
§60-175.501. Disbursements from income.
§60-175.502. Disbursements from principal.
§60-175.503. Transfers from income to principal for depreciation.
§60-175.504. Transfers from income to reimburse principal.
§60-175.506. Adjustments between principal and income because of taxes.
§60-175.601. Uniformity of application and construction.
§60-175.602. Application of act to existing trusts and estates.
§60-175.603. Application of Section 175.409 of Title 60 to trusts - Particular dates.
§60-175.701. Short title - Oklahoma Decanting Act.
§60-175.703. Distribution to second trust - Trustee with full discretion.
§60-175.704. Distribution to second trust - Trustee with limited discretion.
§60-175.705. Trust for beneficiary with disability.
§60-175.707. Written instrument required.
§60-175.708. Reference to trust terms.
§60-175.709. Settlor of second trust.
§60-175.710. Court-ordered distribution.
§60-175.711. Divided discretion.
§60-175.712. Later discovered assets.
§60-175.713. Other authority to distribute in further trust not limited.
§60-175.714. Need for distribution not required.
§60-175.715. Duties not created.
§60-175.716. Certain distributions prohibited.
§60-175.717. Exceptions to power of distribution.
§60-175.718. Tax-related limitations.
§60-175.719. Compensation of trustee.
§60-176.1. Presumptions and conditions - Relationship of trust and beneficiary.
§60-177. Reformation of offending instruments.
§60-177.1. Limitation upon engaging in activity other than expressly authorized.
§60-177.5. Rebate of reserve funds resulting from any advance funding or cash management program.
§60-178.3. Validity of outstanding indebtedness.
§60-178.4. Trust purpose - Exceptions.
§60-178.5. Ad valorem taxation.
§60-178.6. Public trusts - Exemption from provisions - Housing finance.
§60-178.7. Payments in lieu of taxes to be made by lessees of certain public trust property.
§60-178.10. Conveyance, assignment or other transfer as evidence of trust existence.
§60-178.11. Acknowledgment of conveyance, assignment or other transfer.
§60-178.13. Trusts for benefit of hospitals - Exemptions from beneficiary approval requirements.
§60-179. Status of trustee - Liability for acts.
§60-180. Termination of trust - Contracts not impaired.
§60-180.3. Expense of audits and agreed-upon-procedures engagements.
§60-180.4. Regulation of certain public trusts operating a water supply system.
§60-181. Unlimited marital deduction - Construction of trust.
§60-199. Validity of a trust for the care of domestic or pet animals.
§60-299.3. Donees - Exercising power of appointment.
§60-299.4. Insufficient instruments - Additional formalities.
§60-299.5. Persons who may exercise.
§60-299.6. Two or more persons vested with a power of appointment.
§60-299.7. Consent of donor - Writing - Recording.
§60-299.9. Donee authorized to appoint himself - Creditors - Claims - Fraudulent conveyances.
§60-299.10. Transfer by deed or will - Property conveyed.
§60-299.11. Conveyances and devises.
§60-299.12. Suspension of right of alienation - Computation of time.
§60-299.13. Advancements to descendents.
§60-299.14. Assignment for the benefit of creditors.
§60-299.15. Power of revocation - Reservation - Effect.
§60-299.16. Absolute power of disposition in grantee or beneficiary.
§60-300.13. Standard of conduct in managing and investing institutional fund.
§60-300.14. Appropriation for expenditure or accumulation of endowment fund – Rules of construction.
§60-300.15. Delegation of management and investment functions.
§60-300.16. Release or modification of restrictions on management, investment, or purpose.
§60-300.17. Reviewing compliance.
§60-300.18. Application to existing institutional funds.
§60-300.19. Relation to Electronic Signatures in Global and National Commerce Act.
§60-300.20. Uniformity of application and construction.
§60-301.2. Legislative findings and purpose.
§60-301.4. Fiduciary capacities.
§60-301.5. Charitable organizations authorized to exercise certain powers as trustees.
§60-301.8. Private inurement prohibited.
§60-301.10. Inapplicability of Oklahoma Open Records Act and Oklahoma Open Meeting Act.
§60-301.11. Applicability of act.
§60-301.12. Applicability of other laws.
§60-301.13. Charitable organizations administering trusts that are not charitable trusts.
§60-311. Law governing personalty.
§60-313. Thing in action may be transferred.
§60-316. Good-will as property.
§60-321. Verbal lease or loan void as against innocent purchasers or creditors.
§60-326. Perpetuities and restraints on alienation.
§60-327. Provisions against alienation or encumbrance.
§60-328. Power to alienate or encumber - Exemption from process and claims.
§60-331. Property acquired, how.
§60-333. Prescription, title by.
§60-334. Fixture may not be moved - Exceptions.
§60-336. Removals in mass may be reclaimed.
§60-337. Islands in navigable streams.
§60-338. Islands in other streams.
§60-339. Island formed by a new channel.
§60-340. Ownership of ancient bed.
§60-341. Things inseparably united.
§60-342. Principal part defined.
§60-343. Principal part, how determined.
§60-344. Work and material combined.
§60-346. Admixtures of materials of different owners.
§60-347. Use without owner's consent.
§60-350. Definitions - Legislative findings - Recorded transfer fees.
§60-362. Discretion of court - Bond of appointee.
§60-363. Powers and authority of conservator.
§60-365. Reports and accounts - Fees for services.
§60-366. Removal of conservator.
§60-367. Termination of conservatorship.
§60-381. Capacity to take property by gift.
§60-383. Authority to accept gift to state - Delivery of property and muniments of title.
§60-384. Allotment of property to state institution, department or agency.
§60-385. Allotment of property - Gift for particular purpose.
§60-386. Allotment of property given without designation of particular purpose - New allotment.
§60-388. Sale of stocks, bonds, choses in action and intangible personal property.
§60-390. Acceptance by counties, cities, towns and school districts - Delivery - Receipts.
§60-391. Gift to state, county and city or town - Tenancy in common.
§60-392. Gift to state, county and city or town deemed to be intended for public improvements.
§60-393. Delivery directly to trustees.
§60-395. Powers of cotrustees.
§60-396. Duties additional to other duties - Compensation.
§60-502. Creation of unit ownership estate - Recording.
§60-504. Status and title created.
§60-505. Undivided interest in common elements - Ratio.
§60-506. Common elements to remain undivided - Partition actions prohibited.
§60-507. Use of common elements.
§60-508. Strict compliance with rules and bylaws by unit owners.
§60-509. Maintenance and repair of common elements - Additions or improvements.
§60-510. Work jeopardizing soundness or safety of property prohibited without unanimous consent.
§60-511. Liens against unit estates - Discharge.
§60-512. Expense of administration and repair of common elements - Pro rata share - Exemptions.
§60-513. Common profits - Distribution.
§60-514. Declaration creating estate - Contents.
§60-515. Deeds conveying estates - Recording - Contents.
§60-515.1. Instruments and liens - Effectiveness.
§60-516. Plans attached to declarations.
§60-517. Removal of property from provisions of act.
§60-518. Resubmission of property to provisions of act.
§60-519. Administration of property to be governed by bylaws.
§60-520. Necessary contents of bylaws.
§60-521. Maintenance and examination of books and receipts of expenditures.
§60-522. Homestead exemptions applicable.
§60-523. Assessment of taxes, special assessments and other charges - Liability.
§60-524. Liens for unpaid share of common expenses - Priorities - Enforcement.
§60-525. Joint and several liability of grantor and grantee for unpaid common expenses.
§60-529. Actions relating to common elements.
§60-530. Persons subject to act.
§60-652. Property held by banking or financial organizations.
§60-653. Funds held or owing under life or endowment insurance policy or annuity contract.
§60-653.1. Abandoned property - Demutualization or related reorganization of insurance company.
§60-654. Deposit held by utility.
§60-654.1. Sum business association ordered to refund by court or administrative agency.
§60-655. Stock or other equity interest in business association - Unmatured or matured debt.
§60-655.1. Intangible property distributable in course of dissolution of business corporation.
§60-656. Property or funds held by fiduciary.
§60-657. Property held by courts, public officers and agencies.
§60-657.1. Credit memo issued in ordinary course of business.
§60-657.2. Unpaid wages owing in ordinary course of business.
§60-657.3. Personal property held in safe deposit box or other safekeeping repository.
§60-657.4. Intangible property - Presumption of abandonment.
§60-658. Miscellaneous personal property held for another.
§60-658.1. Mineral interests in land.
§60-658.1A. Mineral interests generating intangible personal property.
§60-659. Additional conditions leading to presumption of abandonment.
§60-661. Report of abandoned property.
§60-662. Notice and publication of lists of abandoned property.
§60-663. Payment or delivery of abandoned property.
§60-664. Relief from liability by payment or delivery.
§60-665. Dividends, interest, or other increments realized or accruing after payment or delivery.
§60-666. Periods of limitation - Effect - Application.
§60-667. Sale of abandoned property from safe deposit boxes - Securities.
§60-668. Unclaimed Property Fund - Deposits - Deductions.
§60-668.1. Unclaimed Property Clearinghouse Fund.
§60-668.2. Petty cash fund for administration of unclaimed property program.
§60-669. Control and management of monies in Unclaimed Property Fund.
§60-670. Determination of amount of reserve - Payment of excesses.
§60-671. Insufficiency of reserve.
§60-672. Investment of reserve fund.
§60-674. Claim for abandoned property.
§60-674.2. Property delivered to the State Treasurer.
§60-675. Determination of claims - Payment.
§60-677.1. Destruction of property having insubstantial commercial value.
§60-678. Report may be required - Failure to report property - Examination of records.
§60-679. Proceeding to compel delivery - Costs of examinations or investigations.
§60-679.1. Records of names and addresses of owners and instruments.
§60-680. Interest - Penalties - Waiver or remittance.
§60-681. Promulgation of rules – Continuation of rules in effect.
§60-682. Effect of foreign laws.
§60-683.2. Application and effect of act.
§60-684.1. Recovery of property by another state.
§60-685.1. Application and construction of act.
§60-701. Accounts presumed abandoned - Escheat.
§60-702. Request for account cards.
§60-703. Proceedings to escheat accounts.
§60-704. Notice to depositors.
§60-705. Collection and deposit of funds.
§60-752. Right to file disclaimer - Minor incompetent or deceased beneficiaries.
§60-753. Time for filing disclaimer.
§60-754. Place of filing disclaimer - Delivery of copies - Interest in real estate.
§60-755. Disposition of interest disclaimed.
§60-757. Spendthrift provisions - Binding effect of disclaimer - Spouse of disclaimant.
§60-758. Other rights not abridged.
§60-759. Interests not fixed or finally ascertained - Right to disclaim.
§60-802. Airspace defined - Provisions pertaining to aviation not affected.
§60-803. Airspace as real property.
§60-804. Airspace subject to same statutes, rules of law and common law as other real property.
§60-805. Titles, estates, rights and interests as pertaining to airspace.
§60-807. Division of airspace.
§60-808. Right, title, and interest to pass at death of owner.
§60-811. Joint development use plans.
§60-812. Sale of unneeded airspace or real property.
§60-813. Governmental authority holding only easements for use as rights-of-way.
§60-814. Right of eminent domain.
§60-820.1. Airspace Severance Restriction Act.
§60-833. Disclaimer and disclosure statements.
§60-834. Delivery of statements.
§60-835. Limitation of seller's liability.
§60-836. Duties of real estate licensee.
§60-838. Exemptions from application of act.
§60-839. Notices and acknowledgments.
§60-851. Nature of developments.
§60-853. Taxes and special assessments.
§60-854. Membership - Covenants and restrictions.
§60-856. Enforcement of restrictions and covenants.
§60-857. Copies of recorded covenants and restrictions.
§60-858. Displaying the flag of the United States.
§60-860. Community Residential Living for Persons with Developmental or Physical Disabilities Act.
§60-861. Legislative findings - Goal of act.
§60-863. Establishment of group home - Procedure.
§60-865. Group home not to include.
§60-866. Size limitation - Ordinances.
§60-867. Size limitation - Exemptions.
§60-1001. Adoption and description of official system of coordinates.
§60-1002. Plane coordinate values.
§60-1003. Plane coordinates as supplement to Oklahoma base lines and meridians.
§60-1004. Tract of land in more than one coordinate zone.
§60-1006. Limitations on recording coordinates.
§60-1007. Conversion of feet to meters.
§60-1008. Limitations on use of coordinates - Prior recordations - Nonconformity with System.