To the extent there is no conflict of interest between the holder of a testamentary power of appointment and the persons represented with respect to the particular question or dispute, the holder may represent and bind persons whose interests are subject to the power as permissible appointees, as takers in default or by other reason.
ORS 130.105
Known as the Oregon Uniform Trust Code
The act spans §§ 130–130 (136 sections).
2005 c.348 §17; 2007 c.33 §1
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.