ORS § 130.695

Current through 2024 Regular Session legislation effective April 17, 2024
Section 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.

ORS 130.695

2005 c. 348, § 68