Opinion No. (1986)

Dear Honorable Little,

The Attorney General has received your request for an official opinion asking, in effect:

May a county-beneficiary public trust transfer assets to another county-beneficiary public trust?

There are actually two types of asset transfers which must be discussed in answering your opinion request. A public trust in Oklahoma with a political subdivision as its beneficiary is specifically authorized by statute to convey both real and personal property. Title 60 O.S. 178.9 (1981) provides as follows:

"Any estate in real and/or personal property may be acquired and held in the name…