ORS 125.691: Oregon Public Guardian and Conservator Protected Person Trust Account.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) The Oregon Public Guardian and Conservator Protected Person Trust Account is established in the State Treasury separate and distinct from the General Fund and the Oregon Public Guardian and Conservator Fund. Moneys in the Oregon Public Guardian and Conservator Protected Person Trust Account consists of moneys received on behalf of persons for whom the Oregon Public Guardian and Conservator has been appointed as a guardian or conservator. All moneys in the account are continuously appropriated to the Oregon Public Guardian and Conservator to be used for the benefit of a person for whom the Oregon Public Guardian and Conservator has been appointed as a guardian or conservator and on whose behalf the Oregon Public Guardian and Conservator has received moneys. (2) The Oregon Public Guardian and Conservator shall administer the trust account: (a) For the benefit of persons for whom the Oregon Public Guardian and Conservator has been appointed a guardian or conservator and on whose behalf the Oregon Public Guardian and Conservator has received moneys; and (b) In accordance with the provisions of this chapter or as ordered by the court. (3) The Oregon Public Guardian and Conservator may establish subaccounts within the Oregon Public Guardian and Conservator Protected Person Trust Account when the Oregon Public Guardian and Conservator determines that subaccounts are necessary or desirable. Interest earned by the account or subaccounts, if any, shall accrue to the benefit of the account or subaccounts. [2017 c.310 §8]
This rule cites
No citations extracted.
Cited by
- ORS 125.242: Exemptions for financial institutions and trust companies.
- ORS 125.410: Conservator’s bond.
- ORS 125.675: Definitions.
- ORS 125.678: Appointment; term; responsibilities; delegation of duties; rules.
- ORS 125.685: Deputy public guardian and conservator; volunteer requirements and responsibilities.
- ORS 125.687: Limitations of court on appointment of Oregon Public Guardian and Conservator; bond; fees and compensation.
- ORS 125.689: Oregon Public Guardian and Conservator Fund.
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors125.html