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Bill > HB4196
OK HB4196
OK HB4196Trusts; Oklahoma Uniform Trust Code; enforceability; representation; definition; effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to the Oklahoma Uniform Trust Code; providing that provisions in a will or trust that cause certain forfeiture or that voids a devise is enforceable in certain circumstances; declaring that forfeiture clauses generally will not be construed to prevent a beneficiary from seeking certain actions; amending 60 O.S. 2021, Section 175.23, which relates to jurisdiction of district court regarding trusts; modifying venue location; modifying necessary parties to certain actions; providing representation requirements; amending 60 O.S. 2021, Section 175.717, which relates to exceptions to power of distribution; updating statutory references; amending Section 39, Chapter 369, O.S.L. 2024 (60 O.S. Supp. 2025, Section 1402), which relates to binding nonjudicial settlement agreements; defining term; providing representation requirements; amending Section 3, Chapter 254, O.S.L. 2025 (60 O.S. Supp. 2025, Section 1601.3), which relates to Oklahoma Uniform Trust Code definitions; modifying definition; amending Section 46, Chapter 254, O.S.L. 2025 (60 O.S. Supp. 2025, Section 1607.7), which relates to delivery of property by former trustee; modifying timeframe to deliver trust property; amending Section 71, Chapter 254, O.S.L. 2025 (60 O.S. Supp. 2025, Section 1609.7), which relates to certification of trust; updating statutory reference; amending Section 74, Chapter 254, O.S.L. 2025 (60 O.S. Supp. 2025, Section 1610.3), which relates to the applicability of the Oklahoma Uniform Trust Code; providing duty owed to a qualified beneficiary in certain circumstances; providing for codification; and providing an effective date.
AI Summary
This bill makes several changes to Oklahoma's trust laws, primarily focusing on enforceability of certain trust provisions, trustee responsibilities, and procedural aspects of trust administration. It clarifies that "no-contest" clauses in wills or trusts, which aim to disinherit someone for challenging the document, are generally enforceable unless the challenger proves they had just cause and acted in good faith. The bill also introduces a new process for trustees to settle their accounts non-judicially, allowing them to notify beneficiaries and other interested parties of proposed distributions and accountings, and barring claims against the trustee if no objections are raised within a specified timeframe. Additionally, it modifies rules regarding the venue and necessary parties in court actions involving trusts, updates definitions within the Oklahoma Uniform Trust Code, clarifies the timeframe for former trustees to deliver trust property, and adjusts how certifications of trust are handled. Finally, it specifies that the new provisions apply to trusts created before, on, or after the effective date of the act, with certain exceptions to avoid interfering with ongoing legal proceedings or prejudicing existing rights.
Committee Categories
Justice
Sponsors (2)
Last Action
Policy recommendation to the Judiciary and Public Safety Oversight committee; Do Pass Civil Judiciary (on 02/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=hb4196&Session=2600 |
| Fiscal Note/Analysis - House: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/House/HB4196%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB4196%20INT.PDF |
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