Uniform Trust Code

ORS 130.040
UTC 110. Other persons treated as qualified beneficiaries


(1)

A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this chapter if the charitable organization is otherwise a qualified beneficiary as defined in ORS 130.010 (UTC 103. Definitions).

(2)

A person appointed to enforce a trust created for the care of an animal or another noncharitable purpose as provided in ORS 130.185 (UTC 408. Pet trust) or 130.190 (UTC 409. Noncharitable trust without ascertainable beneficiary) has the rights of a qualified beneficiary under this chapter.

(3)

A person appointed as a trust enforcer of a stewardship trust as provided in ORS 130.193 (Stewardship trust) has the rights of a qualified beneficiary under this chapter.

(4)

The Attorney General has the rights of a qualified beneficiary with respect to a charitable trust having its principal place of administration in Oregon. [2005 c.348 §10; 2009 c.275 §5; 2019 c.162 §3]

Law Review Citations

42 WLR 187 (2006)

Chapter 130

Law Review Citations

42 WLR 187 (2006)


Source

Last accessed
Jun. 26, 2021