OAR 441-505-4030
Trust Company Exemption; Court Appointed Fiduciaries

(1)

As authorized by ORS 709.030 (Approval to transact trust business)(4)(g), an exemption from trust company certificate of authority requirements under 709.005 (Certificate of authority to transact trust business)(1) is hereby created for any person appointed as a personal representative, trustee or conservator by a court of competent jurisdiction, provided that the court requires the person to post a bond suitable to the size of the estate for which the appointment is made.

(2)

As authorized by ORS 709.030 (Approval to transact trust business)(4)(g), an exemption from trust company certificate of authority requirements under 709.005 (Certificate of authority to transact trust business)(1) is hereby created for any person appointed as a Personal Representative, as defined in 111.005 (Definitions for probate law), or as a Special Administrator as described in 113.005 (Special administrators), by a court of competent jurisdiction.

Source: Rule 441-505-4030 — Trust Company Exemption; Court Appointed Fiduciaries, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-505-4030.

Last Updated

Jun. 8, 2021

Rule 441-505-4030’s source at or​.us