ORS 130.165: UTC 404. Trust purposes.

Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07

A trust may be created only to the extent the purposes of the trust are lawful, not contrary to public policy and possible to achieve. A trust and its terms must be for the benefit of the trust’s beneficiaries. [2005 c.348 §24]

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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors130.html