Oregon Revised Statutes Chapter 130 § 130.750 — Trustees duty to comply with prudent investor rule
Oregon Revised Statutes Chapter 130 ·
Oregon Code § 130.750·Enacted ·Last updated March 01, 2026
Statute Text
Trustees duty to comply with prudent investor rule.
(1) Except as otherwise provided
in subsection (2) of this section, a trustee who invests and manages trust
assets owes a duty to the beneficiaries of the trust to comply with the prudent
investor rule set forth in ORS 130.755.
(2) The prudent
investor rule is a default rule that may be expanded, restricted, eliminated or
otherwise altered by the provisions of a trust. A trustee is not liable to a
beneficiary to the extent that the trustee acted in reasonable reliance on the
provisions of the trust. [2005 c.348 §77]
Plain English Explanation
This Oregon statute addresses Trustees duty to comply with prudent investor rule. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 130.750
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Trustees duty to comply with prudent investor rule. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 130.750. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.