If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing and distributing the trust property, giving due regard to the beneficiaries’ respective interests.
ORS 130.660
Known as the Oregon Uniform Trust Code
The act spans §§ 130–130 (136 sections).
Applied in 1 court decision — leading case Bieker v. Ludwick (2025)
Most recently applied in Bieker v. Ludwick (August 2025)
2005 c.348 §61
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.