Oregon Code § 723.432·Enacted ·Last updated March 01, 2026
Statute Text
Trust
accounts.
Shares
may be issued and deposits may be held in the name of a member in trust for a
beneficiary, including a minor, but no beneficiary, unless a member in the
beneficiarys own right, shall be permitted to vote, obtain loans, hold office
or be required to pay an entrance or membership fee. [1975 c.652 §48; 1977
c.555 §17]
Plain English Explanation
This Oregon statute addresses Trust
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 723.432
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Trust
. 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 § 723.432. Use this format in legal documents and court filings.
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