Oregon Revised Statutes Chapter 130 § 130.840 — UTC
Oregon Revised Statutes Chapter 130 ·
Oregon Code § 130.840·Enacted ·Last updated March 01, 2026
Statute Text
UTC
1009. Beneficiarys consent, release or ratification.
If a beneficiary consents to
conduct of a trustee that constitutes a breach of trust, releases a trustee
from liability for a breach of trust or ratifies a transaction entered into by
a trustee that constitutes a breach of trust, the trustee is not liable to the
beneficiary for the breach of trust unless:
(1) The consent,
release or ratification of the beneficiary was induced by improper conduct of
the trustee; or
(2) At the time
of the consent, release or ratification, the beneficiary did not know of the
beneficiarys rights or know of the material facts relating to the breach. [2005
c.348 §91]
Plain English Explanation
This Oregon statute addresses UTC
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 130.840
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses UTC
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