OAR 141-035-0055
Accounting for Funds


There is created within the Common School Fund a separate trust account for estate administration.


All funds received by the Department in the Department’s capacity of personal representative shall be deposited daily into the trust account, and credited to the appropriate subsidiary account established for each separate estate.


The Estate Administrator may pay just, proper, and approved claims from an estate subsidiary account established pursuant to subsection (2) of this rule within the limits of the estate’s resources in accordance with ORS 115.125 (Order of payment of expenses and claims) and OAR 141-035-0040 (Administration of the Estate)(2)(c).


At the end of each fiscal year, the Estate Administrator shall file a report setting forth the value of non-cash assets of each estate.

Source: Rule 141-035-0055 — Accounting for Funds, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=141-035-0055.

Last Updated

Jun. 8, 2021

Rule 141-035-0055’s source at or​.us