™Your Policy Risk Impact Agent
7 chapters · 514 sections in this title.
ORS 130.810 UTC 1003. Damages in absence of breach
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(1) Except as provided by ORS 130.725 (4) and (15) or 709.175 or other law of this state, a trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, without regard to whether the profit resulted from a brea…
ORS 130.815 UTC 1004. Attorney fees and costs
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In a judicial proceeding involving the validity or administration of a trust, the court may award costs and expenses and reasonable attorney’s fees to any party, to be paid by another party or from the trust. [2005 c.348 §86]
ORS 130.820 UTC 1005. Limitation of action against trustee
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(1) Notwithstanding ORS chapter 12 or any other provision of law, but subject to subsection (2) of this section, a civil action against a trustee based on any act or omission of the trustee, whether based in tort, contract or other theory of recovery, must be commenced within six…
ORS 130.825 UTC 1006. Reliance on trust instrument
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A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance. [2005 c.348 §88]