Oregon Revised Statutes Chapter 130 § 130.650 — UTC
Oregon Revised Statutes Chapter 130 ·
Oregon Code § 130.650·Enacted ·Last updated March 01, 2026
Statute Text
UTC
801. Duty to administer trust.
(1) Upon acceptance of a trusteeship, the trustee shall administer the trust in
good faith, in accordance with its terms and purposes and the interests of the
beneficiaries, and in accordance with this chapter.
(2) A trustee is
not required to object to a modification, reformation or termination of the
trust under ORS 130.045, 130.200, 130.205, 130.210, 130.215, 130.220 or
130.225, or a trust combination or division under ORS 130.230, solely because
of the existence of the duty to administer the trust under subsection (1) of
this section or the duty of loyalty under ORS 130.655 (1). [2005 c.348 §59;
2013 c.529 §17]
Plain English Explanation
This Oregon statute addresses UTC
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 130.650
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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