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HB 4196·OK·house

Trusts; Oklahoma Uniform Trust Code; enforceability; representation; definition; effective date.

Reported by CommitteeFiled Feb 2, 2026
Sponsor: Schreiber
Latest Action

Policy recommendation to the Judiciary and Public Safety Oversight committee; Do Pass Civil Judiciary

Feb 12, 2026

Summary

HB 4196 adds a new rule that forfeiture clauses in wills or trusts are enforceable unless the challenger proves just cause and good faith. It also creates a nonjudicial process for trustees to settle trust accounts, with required notice and a 60‑day objection period. The changes aim to clarify rights for beneficiaries and trustees while reducing court involvement.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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