This chapter may be cited as the Uniform Principal and Income Act.
ORS 129.200
Section 34, chapter 279, Oregon Laws 2003, provides:
Sec. 34. Except as may be expressly provided in a will or in the terms of a trust or in sections 1 to 31 of this 2003 Act [ORS chapter 129], sections 1 to 31 of this 2003 Act apply to the administration of all trusts and estates, whether coming into existence before, on or after the effective date of this 2003 Act [January 1, 2004]. [2003 c. 279, § 34]