Uniform Trust Code

ORS 130.695
UTC 810. Recordkeeping and identification of trust property


(1)

A trustee shall keep adequate records of the administration of the trust.

(2)

A trustee shall keep trust property separate from the trustee’s own property.

(3)

Except as otherwise provided in subsection (4) of this section, a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.

(4)

If the trustee maintains records clearly indicating the respective interests of the different trusts, a trustee may invest as a whole the property of two or more separate trusts. [2005 c.348 §68]

Law Review Citations

42 WLR 187 (2006)

Chapter 130

Law Review Citations

42 WLR 187 (2006)


Source

Last accessed
Jun. 26, 2021