Oregon Revised Statutes Chapter 128 § 128.520 — Employees trust may be in perpetuity; accumulation of income
Oregon Revised Statutes Chapter 128 ·
Oregon Code § 128.520·Enacted ·Last updated March 01, 2026
Statute Text
Employees trust may be in perpetuity; accumulation of income.
An employees trust may be
permitted to accumulate for such time as may be necessary to accomplish the
purpose for which it is created, and is not invalid as violating any rule of
law against perpetuities or the suspension of the power of alienation of title
to property. The income from any property held in an employees trust may
continue in perpetuity or in accordance with the terms of such trust, and the
plan of which such trust forms a part, for such time as may be necessary to
accomplish the purpose for which such trust is created. [1955 c.586 §2]
BUSINESS TRUSTS
Plain English Explanation
This Oregon statute addresses Employees trust may be in perpetuity; accumulation of income. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 128.520
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Employees trust may be in perpetuity; accumulation of income. Read the full statute text above for details.
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The formal citation is Oregon Code § 128.520. Use this format in legal documents and court filings.
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