Oregon Code § 94.895·Enacted ·Last updated March 01, 2026
Statute Text
Trust
irrevocable without alternative arrangement.
(1) Except as provided in subsection (2) of this
section:
(a) If a trust is
established for timeshare property subject to timeshare licenses, the trust for
the timeshare property shall be irrevocable during the time that any purchaser
of a timeshare license has a right to the use of the timeshare property.
(b) If a trust is
established for timeshare property subject to timeshare estates, the trust for
the timeshare property shall be irrevocable until all blanket encumbrances are
extinguished.
(2) The Real
Estate Commissioner may approve an alternative arrangement that permits
termination of the trust. [1983 c.530 §33]
Plain English Explanation
This Oregon statute addresses Trust
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 94.895
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.
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