STATE OF OKLAHOMA

2nd Session of the 54th Legislature (2014)

SENATE BILL 1920	By:	Marlatt

AS INTRODUCED

An Act relating to property; amending 60 O.S. 2011, Section 33, which relates to suspension; updating statutory reference; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     60 O.S. 2011, Section 33, is amended to read as follows:
Section 33.  The suspension of all power to alienate the subject of the trust, other than a power to exchange it for other property to be held upon the same trust, or to sell it and reinvest the proceeds to be held under the same trust, is a suspension of the power of alienation within the meaning of the second preceding section Section 31 of this title.
SECTION 2.  This act shall become effective November 1, 2014.

54-2-2711	TEK	1/16/2014 4:08:32 PM