Rights and Duties Relating to Cemeteries, Human Bodies and Anatomical Gifts

ORS 97.935
Registration of master trustees

  • annual reports
  • rules
  • annual audits
  • fees

Registration of master trustees; annual reports; rules; annual audits; fees. (1) An entity may not operate as a master trustee unless the entity is registered with the Director of the Department of Consumer and Business Services. The director shall:


Establish procedures for registering master trustees under this section.


Establish standards for master trustees.


Set registration and renewal fees.


Establish standards for rules of conduct of master trustees.


(a) A master trustee shall file an annual report with the director on forms prescribed by the director by rule. The annual report must contain any information reasonably considered necessary by the director, including but not limited to:


A disclosure of changes in trust deposits; and


A list of all certified providers for which the master trustee holds funds and the total amount of funds held for each certified provider.


The director may take appropriate action under ORS 97.948 (Grounds for discipline by director for violation of ORS 97.923 to 97.949) and 97.949 (Notification by director to appropriate federal, state or local law enforcement officer of violation of ORS 97.923 to 97.949) if a master trustee fails to file the annual report or the report contains any material discrepancy.


The director may relieve a master trustee of the duty to file the annual report upon a determination that the master trustee has performed all obligations under the trust agreement with each certified provider, or that the master trustee’s obligations have been lawfully assumed by another master trustee or have been discharged or canceled.


The director may conduct an annual audit of a master trustee. The director shall prescribe the form of audits under this section by rule.


A master trustee who is audited under this section shall pay all expenses and costs incurred by the director in conducting the audit. [2001 c.796 §2; 2003 c.362 §4; 2007 c.661 §16; 2012 c.7 §5]
Note: See note under 97.923 (Definitions for ORS 97.923 to 97.949).
Chapter 97

Atty. Gen. Opinions

Embalming dead human body without prior authorization from surviving spouse or next of kin, (1981) Vol 41, p 457


Last accessed
Jun. 26, 2021