Oklahoma HB4351 exempts wills, trusts, and property conveyances from the rules against perpetuities.
Oklahoma HB4351 modifies the application of the rules against perpetuities in the state. This bill ensures that the common law provision known as the rules against perpetuities does not apply to any wills, trusts, or property conveyances in Oklahoma, unless prohibited by the state constitution. The changes will be codified in the Oklahoma Statutes as Section 2101 of Title 60. The act is set to become effective on November 1, 2026.
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