2025 Oklahoma Senate Bill No. 2104

6. 2025 Oklahoma Senate Bill No. 2104

**Citation:** Oklahoma Second Regular Session of the Sixtieth Legislature (prefiled January 16, 2026)

Relevant Facts

• The bill was introduced by Representative Howard.

• The bill addresses multiple trust-related statutory amendments spanning jurisdiction, venue, settlement agreements, definitions, trustee responsibilities, and related procedural matters.

• Effective-date provisions are included.

Legal Issues

The bill addresses trust law issues by amending Oklahoma statutes related to: jurisdiction of district courts in trust matters (O.S. 2021, Section 175.23); venue of trust-related actions and necessary parties to trust litigation; exceptions to the power of distribution in trusts; definitions under the Oklahoma Uniform Trust Code; nonjudicial settlement agreements in trust administration; delivery of trust property by former trustees and procedures for nonjudicial settlement of accounts; and applicability of various trust provisions.

Purpose and Key Provisions

The bill aims to clarify and modernize Oklahoma trust law by: clarifying venue and jurisdiction rules for trust-related disputes; defining terms and improving definitions within the Oklahoma Uniform Trust Code; establishing procedures for nonjudicial settlement agreements; modifying requirements for delivery of trust property by outgoing trustees; creating formalized procedures for trustee settlement of accounts with required notice and objection provisions; and barring certain claims related to settled accounts.

Policy Rationale

Oklahoma trust law modernization typically serves to facilitate nonjudicial settlement of trust disputes to reduce litigation costs, clarify jurisdiction and venue for predictability, align Oklahoma law with the Uniform Trust Code adopted in other jurisdictions, and streamline trustee responsibilities and settlement procedures.

Legislation & Statutory

Professional Liability