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Code · Oregon · ORS Chapter 130 · Uniform Trust Code

130.040 UTC 110

146 words·~1 min read·/or/ors-chapter-130/uniform-trust-code/130-040·

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130.040 UTC 110. Other persons treated as qualified beneficiaries.
(1)A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this chapter if the charitable organization is otherwise a qualified beneficiary as defined in ORS 130.010.
(2)A person appointed to enforce a trust created for the care of an animal or another noncharitable purpose as provided in ORS 130.185 or 130.190 has the rights of a qualified beneficiary under this chapter.
(3)A person appointed as a trust enforcer of a stewardship trust as provided in ORS 130.193 has the rights of a qualified beneficiary under this chapter.
(4)The Attorney General has the rights of a qualified beneficiary with respect to a charitable trust having its principal place of administration in Oregon. [2005 c.348 §10; 2009 c.275 §5; 2019 c.162 §3]
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