Or. Rev. Stat. § 130.545
Encumbrance or disposition of property after trust instrument executed
Oregon · Oregon Revised Statutes Chapter 130 — Uniform Trust Code · Status: effective
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- Citation
- Or. Rev. Stat. § 130.545, Encumbrance or disposition of property after trust instrument executed, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2465064
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Full text
Unless otherwise provided by the terms of the trust instrument:
(1) A disposition of a portion of property that is subject to a specific distribution does not affect the operation of the trust upon the remaining portion of the property; and
(2) If property subject to a specific distribution is encumbered, the property passes under the specific distribution but is subject to the encumbrance.