Oregon Code § 129.305·Enacted ·Last updated March 01, 2026
Statute Text
UPIA
402. Distribution from trust or estate.
A trustee shall allocate to income an amount received
as a distribution of income from a trust or an estate in which the trust has an
interest other than a purchased interest, and shall allocate to principal an
amount received as a distribution of principal from such a trust or estate. If
a trustee purchases an interest in a trust that is an investment entity, or a
decedent or donor transfers an interest in such a trust to a trustee, ORS
Plain English Explanation
This Oregon statute addresses UPIA
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 129.305
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses UPIA
. Read the full statute text above for details.
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The formal citation is Oregon Code § 129.305. Use this format in legal documents and court filings.
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