Chapter 130 UNIFORM TRUST CODE

General Provisions And Definitions

§ 130.001		UTC 101. Short title
§ 130.005		UTC 102. Scope
§ 130.010		UTC 103. Definitions
§ 130.015		UTC 104. Knowledge
§ 130.020		UTC 105. Default and mandatory rules
§ 130.022		UTC 108. Principal place of administration
§ 130.025		UTC 106. Common law of trusts
§ 130.030		UTC 107. Governing law

Judicial Proceedings

§ 130.050		UTC 201. Role of court in administration of trust
§ 130.055		UTC 202. Jurisdiction over trustee and beneficiary
§ 130.060		UTC 203. Subject-matter jurisdiction
§ 130.065		UTC 204. Venue

Representation

§ 130.100		UTC 301. Representation
§ 130.105		UTC 302. Representation by holder of testamentary power of appointment
§ 130.110		UTC 303. Representation by fiduciaries and parents
§ 130.115		UTC 304. Representation by person having substantially identical interest
§ 130.120		UTC 305. Appointment of special representative

Creation, Validity, Modification And Termination Of Trust

§ 130.150		UTC 401. Methods of creating trust
§ 130.155		UTC 402. Requirements for creation
§ 130.160		UTC 403. Trusts created in other states, countries or jurisdictions
§ 130.165		UTC 404. Trust purposes
§ 130.170		UTC 405. Charitable purposes
§ 130.175		UTC 406. Creation of trust induced by fraud, duress or undue influence
§ 130.180		UTC 407. Evidence of oral trust
§ 130.185		UTC 408. Pet trust

Creditors Claims; Spendthrift And Discretionary Trusts

§ 130.300		UTC 501. Rights of beneficiarys creditor or assignee
§ 130.305		UTC 502. Spendthrift provision
§ 130.310		UTC 503. Exceptions to spendthrift provisions
§ 130.315		UTC 505. Creditors claim against settlor
§ 130.320		UTC 506. Overdue distribution
§ 130.325		UTC 507. Personal obligations of trustee

Claims Against Trust Based On Debts Of Settlor

§ 130.350		Statute of limitations
§ 130.355		Commencement of proceeding
§ 130.360		Limitation on presentation of claims when notice to claimants given
§ 130.365		Publication of notice
§ 130.370		Notice to individual claimants
§ 130.375		Form of claim
§ 130.380		Claim based on debt due or judgment
§ 130.385		Claim on debts not yet due

Revocable Trusts

§ 130.500		UTC 601. Revocable trusts generally
§ 130.505		UTC 602. Revocation or amendment of revocable trust
§ 130.510		UTC 603. Settlors powers
§ 130.515		UTC 604. Limitation on action contesting validity of revocable trust

Rules Governing Revocable Trusts

§ 130.520		Definition for ORS 130.520 to 130.575
§ 130.525		Applicability of ORS 130.520 to 130.575
§ 130.530		Effect of marriage
§ 130.535		Revocation by divorce or annulment
§ 130.540		Contract of sale of property not revocation
§ 130.545		Encumbrance or disposition of property after trust instrument executed
§ 130.550		When trust assets pass to descendants of beneficiary
§ 130.555		Children born or adopted after execution of trust instrument

Office Of Trustee

§ 130.600		UTC 701. Acceptance or rejection of trusteeship
§ 130.605		UTC 702. Trustees bond
§ 130.610		UTC 703. Cotrustees
§ 130.615		UTC 704. Vacancy in trusteeship
§ 130.620		UTC 705. Resignation of trustee
§ 130.625		UTC 706. Removal of trustee
§ 130.630		UTC 707. Delivery of property by former trustee
§ 130.635		UTC 708. Compensation of trustee

Duties And Powers Of Trustee

§ 130.650		UTC 801. Duty to administer trust
§ 130.655		UTC 802. Duty of loyalty
§ 130.660		UTC 803. Impartiality
§ 130.665		UTC 804. Prudent administration
§ 130.670		UTC 805. Costs of administration
§ 130.675		UTC 806. Trustees skills
§ 130.680		UTC 807. Delegation by trustee
§ 130.685		UTC 808. Powers to direct

Advisers

Appointment of adviser

Uniform Prudent Investor Act

§ 130.750		Trustees duty to comply with prudent investor rule
§ 130.755		Prudent investor rule
§ 130.760		Diversification of trust investments
§ 130.765		Trustee duty
§ 130.770		Determination of compliance with prudent investor rule
§ 130.775		Trust language authorizing investments permitted under prudent investor rule

Liability Of Trustees And Rights Of Persons Dealing With Trustee

§ 130.800		UTC 1001. Remedies for breach of trust
§ 130.805		UTC 1002. Damages for breach of trust
§ 130.810		UTC 1003. Damages in absence of breach
§ 130.815		UTC 1004. Attorney fees and costs
§ 130.820		UTC 1005. Limitation of action against trustee
§ 130.825		UTC 1006. Reliance on trust instrument
§ 130.830		UTC 1007. Event affecting administration or distribution
§ 130.835		UTC 1008. Exculpation of trustee

Miscellaneous Provisions

§ 130.900		Uniformity of application and construction
§ 130.905		UTC 1102. Electronic records and signatures
§ 130.910		UTC 1106. Application