ORS § 130.665

Current through 2024 Regular Session legislation effective April 17, 2024
Section 130.665 - UTC 804. Prudent administration

A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill and caution.

ORS 130.665

2005 c. 348, § 62