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§31-5. Homestead exemptions shall not apply, when.

The exemption of the homestead provided for in this chapter shall not apply where the debt is due: 1. For the purchase money of such homestead or a part of such purchase money. 2. For taxes or other legal assessments due thereon. 3. For work and material used in constructing improvements thereon. R.L.1910, § 3346.

§31-7. Pension money exempt.

There shall also be exempt from levy and sale upon execution or attachment to every resident of this state who became disabled in the service of the United States as a soldier, sailor, or marine, all pension money hereafter received belonging to such soldier, sailor or marine. R.L.1910, § 3348.

§31-10. Short title.

This act shall be known and may be cited as the “Family Wealth Preservation Trust Act”. Added by Laws 2004, c. 509, § 1, emerg. eff. June 9, 2004.

§31-11. Definitions.

As used in the Family Wealth Preservation Trust Act: 1. “Grantor” means an individual, whether or not a resident of this state, establishing or creating a preservation trust; 2. “Oklahoma assets” includes: a.a stock, bond, debenture, membership interest, partnership interest, or other equity or debt interest issued by an Oklahoma-based company, without reference to assets […]

§31-13. Preservation trust – Revocable or irrevocable – Contributions.

A preservation trust may be established as a revocable and amendable trust or as an irrevocable trust. If the grantor of a preservation trust revokes or partially revokes the preservation trust, the exemption provisions of Section 12 of this title shall not be applicable to any property received by the grantor as a result of […]